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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Gross National Product

A measure of the value of what a country's citizens produce in a given year, whether or not the production occurred in that country. To calculate GNP, one takes the GDP and adds to it all earnings made by domestic citizens in a different country. One then subtracts from this quantity all earnings made in the home country by non-citizens. GNP is less commonly used now because it has become a less accurate tool for calculating what a domestic economy produces, as more countries have citizens working abroad.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson


Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Radosevich, D.M., Kane, R.L., Garrard, J., et al.: Career paths of geriatric nurse practitioners trained through Mountain States Health Corporation.
Bayard: The nurse practitioner must be certified as an adult or geriatric nurse practitioner and have practical experience with elderly patients.
Geriatric nurse practitioner services and geriatric consultations are provided by Liz von Wellsheim.
Kathleen Patton, geriatric nurse practitioner, has joined PeaceHealth Medical Group's Senior Health & Wellness Center at the Barger Medical Building in Eugene.
Resnick is nationally and internationally renowned for her research on improving the health of the elderly and for her leadership in the education of geriatric nurse practitioners. She has devoted much of her career to building a comprehensive research program that focuses on ways to motivate older adults to engage in functional activities and exercise to improve their overall health and quality of life.

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