How is GNI calculated?

Economic Development Indices Questions



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How is GNI calculated?

GNI (Gross National Income) is calculated by adding up the total value of all goods and services produced by a country's residents, including income earned from abroad (such as remittances and investments), and subtracting any income earned by non-residents within the country. It is often used as an indicator of a country's economic performance and standard of living.