Gross National Product - GNP

AAA

DEFINITION of 'Gross National Product - GNP'

An economic statistic that includes GDP, plus any income earned by residents from overseas investments, minus income earned within the domestic economy by overseas residents.

INVESTOPEDIA EXPLAINS 'Gross National Product - GNP'

GNP is a measure of a country's economic performance, or what its citizens produced (i.e. goods and services) and whether they produced these items within its borders.

VIDEO

Loading the player...
RELATED TERMS
  1. Gross Domestic Product - GDP

    The monetary value of all the finished goods and services produced ...
  2. Genuine Progress Indicator - GPI

    A metric used to measure the economic growth of a country. It ...
  3. National Income Accounting

    A term used in economics to refer to the bookkeeping system that ...
  4. Economics

    A social science that studies how individuals, governments, firms ...
  5. Incremental Capital Output Ratio ...

    A metric that assesses the marginal amount of investment capital ...
  6. Real Economic Growth Rate

    A measure of economic growth from one period to another expressed ...
RELATED FAQS
  1. Why would a country's gross domestic product (GDP) and gross national income (GNI) ...

    A country’s gross domestic product, or GDP, and gross national income, or GNI, are likely to differ considerably because ... Read Full Answer >>
  2. Is gross national income (GNI) or gross domestic product (GDP) a better measure of ...

    While gross domestic product, or GDP is among the most popular of economic indicators, gross national income, or GNI, is ... Read Full Answer >>
  3. What is the formula for calculating gross national product (GDP)?

    Gross national product (GNP) is a slightly modified version of gross domestic product (GDP). The GNP of a country is equal ... Read Full Answer >>
  4. What is the functional difference between GDP and GNP?

    Gross Domestic Product (GDP) and Gross National Product (GNP) both try to measure the market value of all goods and services ... Read Full Answer >>
  5. When do economists use GNP?

    Economists use gross national product (GNP) mainly to learn about the total income of a country's residents within a given ... Read Full Answer >>
  6. What are some alternatives to real GDP?

    Real GDP is used for assessing a country’s economic performance over a given time. Other measures used for this are nominal ... Read Full Answer >>
  7. What insights are economists trying to capture with GNP?

    Gross national product (GNP) is a measure of the market value of all the products and services produced by a country in one ... Read Full Answer >>
Related Articles
  1. Economics

    What's the GNP?

    Gross national product (GNP) is one of many metrics economists use to measure a country’s economic output. For any one year, GNP equals the market value of all the goods and services produced ...
  2. Fundamental Analysis

    Deadly Flaws In Major Market Indicators

    These indicators give investors and experts some data to work with, but they're far from perfect measures.
  3. Options & Futures

    Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  4. Taxes

    Do Tax Cuts Stimulate The Economy?

    Learn the logic behind the belief that reducing government income benefits everyone.
  5. Personal Finance

    Microeconomics

    This tutorial teaches the basics of one of the most important economic topics. A must for all investors.
  6. Bonds & Fixed Income

    How To Use Gross National Product As An Indicator

    Learn what the GNP truly represents, and how its misuse can manipulate the facts.
  7. Retirement

    Economic Indicators To Know

    The economy has a large impact on the market. Learn how to interpret the most important reports.
  8. Stock Analysis

    The Top Performing Airlines Right Now

    Learn about the airline industry and its top-performing companies. Understand these top-emerging airlines and why they have taken more market share.
  9. Economics

    What Is a Quota?

    In business, quota usually refers to the sales target for a salesperson or a sales team.
  10. Economics

    What Does Infrastructure Mean?

    Examples of infrastructure include mass transit, communication, sewage, water and electric systems, plus roads, bridges and tunnels.

You May Also Like

Hot Definitions
  1. Topless Meeting

    A meeting in which participants are not allowed to use laptops. A topless meeting organizer can also ban the use of smartphones, ...
  2. Hedging Transaction

    A type of transaction that limits investment risk with the use of derivatives, such as options and futures contracts. Hedging ...
  3. Bogey

    A buzzword that refers to a benchmark used to evaluate a fund's performance. The benchmark is an index that reflects the ...
  4. Xetra

    An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra ...
  5. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
  6. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!