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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.Yahoo Finance - Cite This Source - This Definition
- Browse Related Terms: Beige Book, Consumer confidence index, Currency fluctuation, Economic cycle, Economic indicator, Emerging market, Gross domestic product (GDP), Gross national product (GNP), growth rate, Index of Leading Economic Indicators, Recession, Sector, World Trade Organization (WTO)
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