What does gross national product mean?
Definitions for gross national product
gross national prod·uct
This dictionary definitions page includes all the possible meanings, example usage and translations of the word gross national product.
Princeton's WordNet
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)
Wiktionary
gross national productnoun
The total market value of all the goods and services produced by a nation (citizens of a country, whether living at home or abroad) during a specified period
Wikipedia
gross national product
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
gross national product
Gross National Product (GNP) is the total monetary value of all finished goods and services produced by a country's residents, both domestically and abroad, within a specified time period, typically measured per year. It includes income from overseas investments and excludes income foreigners earn within the country. It is used to gauge the strength of a country's economy and its relative prosperity.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of gross national product in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of gross national product in Pythagorean Numerology is: 9
Examples of gross national product in a Sentence
Jigme Khesar Namgyel Wangchuck:
Gross National Happiness is more important than Gross National Product.
Translations for gross national product
From our Multilingual Translation Dictionary
- BruttosozialproduktGerman
- producto nacional brutoSpanish
- bruttokansantuoteFinnish
- produit national brutFrench
- produk nasional brutoIndonesian
- prodotto nazionale lordoItalian
- მთლიანი ეროვნული პროდუქტიGeorgian
- bruto nationaal productDutch
- валовой национальный продуктRussian
- jumla ya pato la taifaSwahili
- స్థూల జాతీయోత్పత్తిTelugu
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"gross national product." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/gross+national+product>.
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