Gross national product (GNP),
Definition of Gross national product (GNP):
GDP of a country to which income from abroad remittances of nationals living outside and income from foreign subsidiaries of local firms has been added.
For further explanation, see GDP vs. GNP – Whats the Difference? at InvestorWords.com.
How to use Gross national product (GNP) in a sentence?
- The gross national product of the United States needs to keep increasing in order that the national debt does not cripple the country.
- When I think of analyzing governments and countries from an economic perspective I prefer to learn about the countrys gross national product .
- The think-tank was trying to come up with new innovative ways to increase the countrys employment rate and Gross National Product .
Meaning of Gross national product (GNP) & Gross national product (GNP) Definition