GNP Formula

GNP, or Gross National Product, refers to the market value of all goods and services produced by a nation during a specific time period. It’s simply the GDP of the country, plus income earned from overseas investments by residents, minus income earned within the domestic economy by overseas residents.

GNP measures a nation’s economic performance, rather than GDP does that with a geographic region’s; it’s what its citizens produced, no matter where they produce it.

The more GNP differs from GDP, the more a country is involved in international trade and finance. For instance, Japan stands out in this type.

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?