What does GNP mean?

Definitions for GNP
gnp

This dictionary definitions page includes all the possible meanings, example usage and translations of the word GNP.

Princeton's WordNet

  1. gross national product, GNPnoun

    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)

Wikipedia

  1. GNP

    The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.: 44  Comparing GNI to GDP shows the degree to which a nation's GDP represents domestic or international activity. GNI has gradually replaced GNP in international statistics. While being conceptually identical, it is calculated differently. GNI is the basis of calculation of the largest part of contributions to the budget of the European Union. In February 2017, Ireland's GDP became so distorted from the base erosion and profit shifting ("BEPS") tax planning tools of U.S. multinationals, that the Central Bank of Ireland replaced Irish GDP with a new metric, Irish Modified GNI (or "GNI*"). In 2017, Irish GDP was 162% of Irish Modified GNI.

ChatGPT

  1. gnp

    Gross National Product (GNP) is a measure of a country's economic performance. It represents the total monetary value of all finished goods and services produced by a country's residents, domestically and overseas, within a certain period, typically a year. It includes all the income earned by a country's residents and businesses, including those earned abroad, but excludes income earned within the domestic economy by foreigners. GNP is often used to analyze the economic health of a country and to compare the economic performance of different countries.

Suggested Resources

  1. GNP

    What does GNP stand for? -- Explore the various meanings for the GNP acronym on the Abbreviations.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of GNP in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of GNP in Pythagorean Numerology is: 1

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"GNP." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/GNP>.

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