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Finance Dictionary and Glossary of Investment Terms
Gross National Product (GNP)
Definition 1.
The dollar value of all goods and services produced in a nation''s economy, including goods and services produced abroad.
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Definition 2.
Measures and economy's total income. It is equal to G.D.P. plus the income abroad accruing to domestic residents minus income generated in domestic market accruing to non-residents.
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Definition 3.
Similar to gross domestic product (GDP), but also includes the value of goods and services produced outside a nation's borders by its permanent residents. For example, if a permanent resident of the United States owns a shoe factory in Mexico, the profit from that factory is computed in U.S. GNP, but not GDP.
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