national income
- noun
- /ˈnæʃənl ˈɪnkʌm/
- Specialized
- At the same time, the Soviets were spending over 50% of their national income on their national security programs.
- national income accounts
- national income per capita
- gross national income
The, the national income in Russia fell by half.
- The, the national income in Russia fell by half.
- Now Emily, in principle, how would you expect life expectancy to vary with national income per capita?
Examples
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Apparently, aggregate health care spending is highly responsive to changes in national income.
Academic text (1991) -
Poland is also below all member states in national income per capita.
Academic text (1995) -
The defense industry can be an important source of national income and employment.
Academic text (1994) -
By 1963, wage goods contributed approximately 10 percent of the national income.
Academic text (1995) -
If we are given a target for the growth of national income, appropriate monetary rules could then be formulated.
Academic text (1990) -
Table 2 summarizes some data from the latest national income accounts for Lesotho.
Academic text (1991) -
A number of steps are warranted to integrate natural resource consumption into the national income accounts.
Academic text (1992) -
Norway and France have established extensive resource-accounting systems to supplement their national income accounts.
Academic text (1992) -
The average annual growth rates of GOS and National Income were, respectively, 11.17% and 9.13% from 1980 to 1989.
Academic text (1993) -
The defense industry can be an important source of national income and employment.
Surface Forms
Morphology
The meaning 'the total income of a country' is directly and transparently derived from combining 'national' (relating to the country) with 'income' (funds received). This is a standard noun‑compound pattern found across languages and in basic economic vocabulary, so a B1 learner who knows both constituents will readily infer the MWE meaning.
Etymology
National income is a simple image: imagine a country's 'wallet' where you add up every person's and business's income—wages, profits, rent and pensions—across the whole nation. So national income means the total money earned inside a country in a year.