Gross National Income
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Before the European system of national and regional accounts in the Community known as Gross National Product (GNP), Gross National Income comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries.
For example, if a British-owned company operating in another country sends some of their incomes (profits) back to UK, the UK’s GNI is enhanced. Similarly, the repatriation of profit from a US-owned company operating in the UK will count towards US GNI, but not affect UK GNI.
See: Measures of national income and output
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