Gross National Product (GNP)

Discipline: Economics

Gross national product (GNP) is the value of all goods and services produced by the people of a nation.

Unlike gross domestic product (GDP), which takes into account only the goods and services produced within the borders of a country, gross national product (GNP) focuses also on the value of goods and services produced by the citizens of the same country living abroad.

Gross national product (GNP) figures are typically released every quarter, and are analyzed on a quarter or annual basis.

Also see: aggregate demand, aggregate demand theory, aggregate output, aggregate supply, gross domestic product, real gross domestic product

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