Gross national income at market prices in the European Union of 27 Member States amounted to EUR 25000 per inhabitant in 2008. In 2009 GNI in EU-27 fell by −5.5% over the year 2008. In 2007, the highest per capita GNI measured in was recorded for Luxembourg and the lowest was recorded for Bulgaria. Estonia, Ireland, Latvia and Lithuania were the Member States that in 2009 suffered the most from the recession experiencing declines of more than 10% in GNI over 2008.
Definition of GNI
is defined in accordance with the European system of national and regional accounts. GNI represents total receivable by : , less , , and gross mixed income. It corresponds to the better known gross domestic product minus primary income payable by to non-resident units, plus primary income receivable by resident units from the rest of the world. Technically speaking, the GNI is a balancing item of the in the sequence of accounts for the total economy. Loosely speaking, it is the sum of domestic and foreign income earned by the resident population of a country. It is worth noting that GNI is income from productive activities excluding any capital gains and losses resulting from price changes of fixed or financial . Net national income differs from gross national income by the amount of deducted.
More than three quarters of the is based on the member states' contributions calculated as a uniform percentage rate applied to the sum of all the member states' GNIs. The GNI-based is governed by , which lays downs the definition and calculation of GNI. The GNI regulation also specifies the provisions for the notification of the data and related methodological information by the member states to the European Commission. Furthermore, the GNI regulation establishes the procedures to facilitate the verification of the GNI base for own resources, and, where necessary, the improvement of the comparability, reliability and exhaustiveness of the member states' GNI estimates. Eurostat validates the data calculated and transmitted by the member states. It is responsible for , for assessing the quality of the calculations and for verifying compliance with ESA 95 rules and related European law. Eurostat also calculates the European aggregates of GNI based on the national results transmitted by the member states.
