Gross national income (GNI) measures a nation’s income, including foreign investments, and can provide important information about economic health. Adjustments, such as purchasing power parity, can be made to allow for accurate comparisons between countries. GNI accounts for a nation’s outputs more effectively than GDP, and archive data should be analyzed carefully. Gross national income […]
Gross National Income (GNI) and Gross Domestic Product (GDP) are both measures of a country’s economic output and welfare, but GNI includes net revenues earned by other nations, while GDP is based on location. The components of GNI and GDP are similar, but GNI includes interest and dividends from foreign nations. The difference in measurement […]
