What is the difference between domestic income (NDPFC) and national income (NNPFC) in terms of factor incomes?
| Domestic Income (NDPFC) | Factor Income (NNPFC) |
|---|---|
| Domestic income is the sum total of factor incomes generated within the domestic territory of a country no matter who generates this income either residents or non-residents. | Factor income is the sum total of factor incomes generated by residents of a country, no matter where this income is generated either with in the domestic territory or in rest of the world. |
| It does not include net factor income from abroad. | It includes net factor income from abroad. |