What Does GNP Stand For?
GNP stands for GrGNPGross National Product
GNP, or Gross National Product, is an economic metric that measures the total monetary value of all final goods and services produced by a nation's residents within a specific time period, typically one year. It includes the value generated by citizens and businesses operating domestically and abroad, emphasizing the overall economic performance of a nation's residents. GNP is a key indicator used to gauge the economic health and productivity of a country.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym