What is the definition of Gross National Product (GNP)?
- Posted on November 19, 2019
- Financial Terms
- By admin admin
GNP stands for Gross National Product and is the measure of the total economic performance of a country. It is simply GDP plus any earnings from overseas investments, minus any income earned by foreign investors.
GNP is not used as frequently as GDP, because it takes into account the performance of other economies rather than just the domestic one.
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