national income

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Definitions from WordNet

Noun national income has 1 sense

national income - the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)
--₁ is a kind of value

Definitions from the Web

National Income

Description: National income refers to the total value of goods and services produced within a country's borders in a specific period. It serves as a measure of the economic activity and overall wealth of a nation.

Examples:

The government closely monitors national income to assess the country's economic performance.
Per capita national income has been steadily increasing over the past decade.
A rise in national income can lead to improved living standards for the population.

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