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Gross national product |
Also found in: Dictionary/thesaurus, Encyclopedia, Hutchinson | 0.02 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The top three wealthiest people had mutual assets that exceeded the combined gross national products of the world's 48 "least developed countries. In comparison to the ecosystems' worth, the researchers report in the May 15 Nature, the world's annual gross national products total about $18 trillion. AIDS has led to a loss of productivity among young people, a drop in life expectancy of up to 10 years, and declining gross national products in many countries in Africa, Piot said. |
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