The variable represented by is foundational to understanding global economic health and inequality. Unlike Gross Domestic Product (GDP), Net National Income accounts for the "wear and tear" of an economy and the flow of wealth across borders, providing a more accurate picture of the income actually available to a country's residents. Researchers use this specific variable to: Codes Dictionary - WID - World Inequality Database
Stands for Average . This indicates the data point is a mean value rather than a total or a share. anninc992i