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    • Gross National Income (GNI) - Definition, Formula, Examples, Uses
      • GNI per capita is found by dividing the GNI of a country by the total population of a country. Therefore, the GNI per capita is the best for knowing the standards of living of a country. For example, higher GNI per capita means high rates of literacy, lower rate of infant mortality, and access to hygienic and pure water for the population.
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      Gross National Income (GNI) - Definition, Formula, Examples, Uses

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  3. ourworldindata.org › grapher › gross-national-incomeGross national income (GNI) per capita - Our World in Data

    Apr 9, 2024 · Gross national income (GNI) per capita. Measures the total income earned by residents of a country, including income earned abroad. This data is adjusted for inflation and differences in the cost of living between countries. UNDP, Human Development Report (2024) – with minor processing by Our World in Data.

  4. www.investopedia.com › ask › answersMeasuring Economic Conditions: GNI or GDP? - Investopedia

    Jul 26, 2023 · Gross National Income. National income (GNI) is the total amount of income that a country's people and businesses earn (such as income from properties and...

    • J.B. Maverick

  5. www.investopedia.com › terms › gGross National Income (GNI) Definition, With Real-World Example

    Feb 28, 2024 · Gross national income (GNI) is the total income earned by a country's people and businesses, no matter where it was earned. GNI is an alternative to gross domestic...

  6. ourworldindata.org › grapher › gni-per-capita-vs-gdpGNI per capita vs. GDP per capita - Our World in Data

    Wealth per capita by asset group. World Bank income groups. Gross national income (GNI) measures the total income earned by residents of a country, including income earned abroad. Gross Domestic Product (GDP) instead counts only income generated from goods and services produced domestically.

  7. www.wallstreetmojo.com › gross-national-incomeGross National Income (GNI) - Definition, Formula, Examples, Uses

    Jan 29, 2024 · Gross National Income (GNI) refers to the sum of all state output produced by the nation’s domestic residents and foreign residents, including its total inward remittances, excluding the outward remittances. It tracks and represents the total wealth of a country annually. Instead of output, it calculates the income.

  8. datahelpdesk.worldbank.org › knowledgebase › articlesWhy use GNI per capita to classify economies into income ...

    GNI measures are preferred to Gross Domestic Product (GDP) as they represent national income, as opposed to the value of domestic production. GNI therefore includes income as earned by a country’s residents, whether it originates from production within its borders, or from assets held abroad.

  9. worldpopulationreview.com › country-rankings › gniGNI per Capita by Country 2024 - World Population Review

    GNI per capita, dividing national income by population size, provides a nuanced measure of an economy's efficiency and individual prosperity levels. GNI does not account for income inequality within nations, meaning high per capita figures can coexist with significant wealth disparities among residents.

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