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Gross national product   /groʊs nˈæʃənəl prˈɑdəkt/   Listen
Gross national product

noun
1.
Former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr).  Synonym: GNP.



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"Gross national product" Quotes from Famous Books



... GNP: Gross national product (GNP) is the value of all final goods and services produced within a nation in a given year, plus income earned by its citizens abroad, minus income earned by foreigners from domestic production. The Factbook, following current practice, ...
— The 2007 CIA World Factbook • United States



Words linked to "Gross national product" :   real gross national product, real GNP, value, GNP



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