The GNI (Gross National Income) or GNP (Gross National Product) is an economic measure that represents the total value of goods and services produced by a country, including income from abroad (such as profits from foreign investments and remittances from foreign workers) and excluding payments made abroad. GNI is usually expressed in terms of US dollars.
On the other hand, nominal GDP (Gross Domestic Product) is a measure of the total value of goods and services produced by a country but does not take into account income and payments to foreign entities. Nominal GDP is often expressed in terms of current US dollars.
Therefore, the main difference between GNI in current US dollars and nominal GDP is that GNI takes into account income flows from abroad, while GDP does not include these flows. Both indicators are used to assess the economic performance of a country, but GNI provides a more comprehensive view by considering international transactions.
