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2.1.1 Gross National Income (GNI) (Edexcel A-Level Economics Teaching PowerPoint)

Level:
A-Level
Board:
Edexcel

Last updated 24 Sept 2023

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Here is a simple, editable powerpoint available for download covering the difference between GDP and Gross National Income (GNI)

Gross National Income (GNI) is a measure of a country's total economic output, and it includes both the income earned by domestic residents and the income earned by the country's businesses and individuals from overseas. It's similar to Gross Domestic Product (GDP), but it includes income from abroad. GNI is a useful measure because it gives a more complete picture of a country's economic activity than GDP alone. In addition, it is more directly linked to the welfare of a country's citizens, as it accounts for both domestic and foreign income sources.

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