Review:
Gross National Income (gni)
overall review score: 4.3
⭐⭐⭐⭐⭐
score is between 0 and 5
Gross National Income (GNI) is the total income earned by a country's residents and businesses, including investments made abroad.
Key Features
- Total income earned by residents and businesses
- Includes both domestic and international sources
Pros
- Provides a comprehensive measure of a country's economic activity
- Includes income from abroad to give a more accurate picture of a country's wealth
Cons
- Can be influenced by factors such as exchange rates and remittances
- May not fully capture the well-being of all residents in a country