Finance Definition
Gross National Product (GNP)
📈 Investing
intermediate

Quick Definition

Gross National Product (GNP) measures the total economic output produced by the residents of a country, regardless of where the production takes place.

Formula

GNP = GDP + NR (Net income from assets abroad (Net Income Receipts))

Examples

  • 1A U.S. company operating a factory in Germany contributes to the U.S. GNP but not to its GDP.
  • 2A Canadian musician producing music in the UK would have their earnings counted towards Canada's GNP.
  • 3Earnings from foreign investments by residents of Japan are included in Japan's GNP.
  • 4Remittances sent home by citizens working abroad are also part of a country's GNP.

Tags

GNPeconomic-indicatornational-economyglobal-economyproduction
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Quick Info
Category:Investing
Difficulty:intermediate
Last Updated:6/19/2025