What Does GNP Stand For?
GNP stands for Gross National Product
Gross National Product (GNP) is an economic metric that measures the total value of all final goods and services produced by a country's residents, regardless of their location, within a specific time period, typically one year. It includes the income earned by residents from investments abroad but excludes the income earned by foreign residents within the country. GNP provides insights into the economic performance and overall wealth of a nation, reflecting the productivity of its citizens and the health of its economy.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym