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Gross national product

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Gross National Product (GNP)
Measures and economy's total income. It is equal to G.D.P. plus the income abroad accruing to domestic residents minus income generated in domestic market accruing to non-residents.

Gross national product (GNP). The gross national product is a measure of a country's economic output -- the total value of all the goods and services that it produces in a particular year. The GNP is similar to the gross domestic product (GDP), but not exactly the same.

Unlike the GDP, the GNP includes the income generated by investments owned outside the country by its citizens, and excludes any income earned on domestic soil by noncitizens or organizations based elsewhere.



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In China, Schwarzenegger represented a state with 36 million people and an economy that would rank sixth in gross national product.
Their gross national product is the equivalent of that of Cleveland, Ohio
A no-smoking policy is seen as another step in the King's plan for "gross national happiness," a goal he sees as far more important than the gross national product.
 
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