What does NNI mean in Unclassified?
This page is about the meanings of the acronym/abbreviation/shorthand NNI in the Miscellaneous field in general and in the Unclassified terminology in particular.
Net National Income
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Definition
What does NNI mean?
- Net national income
- In national income accounting, net national income (NNI) is net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government. Net national income is defined as gross domestic product plus net receipts of wages, salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence.It can be expressed as NNI = C + I + G + (NX) + net foreign factor income – indirect taxes – manufactured capital depreciationwhere:
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"NNI." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 Dec. 2024. <https://www.abbreviations.com/term/1552128>.
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