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Gross national income

Total domestic and foreign economic output claimed by residents of a country

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Gross national income: Total domestic and foreign economic output claimed by residents of a country
The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.

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