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national income

/ˈnæʃənəl ˈɪnkʌm/

1 entry

phrase

/ˈnæʃənəl ˈɪnkʌm/C1formalbusiness
  • ruОбщая стоимость всех товаров и услуг, произведенных в стране за определенный период, обычно за год, включая доходы из-за рубежа.

The total value of all goods and services produced within a country over a specific period, typically a year, including income from abroad.

  1. Total economic outputC1formal

    The total value of all goods and services produced by a country's residents and businesses in a given period, including income from abroad.

    ruСовокупный экономический выпуск

    • The government reported a 3% increase in national income this quarter.
    • Economists use national income to measure a country's economic health.
    • A rise in national income often leads to improved living standards.