national income

noun

: the aggregate of earnings from a nation's current production including compensation of employees, interest, rental income, and profits of business after taxes

Examples of national income in a Sentence

Recent Examples on the Web
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By comparison, Norway, the top contributor by this metric, gave 1.09% of its gross national income in overseas development aid that year. Joannie Tremblay-Boire, The Conversation, 5 Feb. 2025 Foreign aid accounted for 18% of Kiribati’s national income in 2022, according to the Lowy Institute – with New Zealand among its largest donors. Helen Regan, CNN, 9 Feb. 2025 McKinley was indeed successful in raising large sums of money for the U.S. government several decades before the first national income tax was implemented. Rob Wile, NBC News, 6 Feb. 2025 When measured correctly, labor’s share of national income has been roughly constant at about 70 percent—for the last century. John C. Goodman, Forbes, 16 Jan. 2025 See All Example Sentences for national income

Word History

First Known Use

1878, in the meaning defined above

Time Traveler
The first known use of national income was in 1878

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Cite this Entry

“National income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/national%20income. Accessed 27 Feb. 2025.

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