Meaning of the word GNP in English
What does GNP mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
GNP
US /ˌdʒiː.enˈpiː/
UK /ˌdʒiː.enˈpiː/
Abbreviation
1.
the total value of all goods and services produced by a country's residents, regardless of their location, in a given period.
Example:
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The country's GNP increased by 3% last year.
•
Economists often compare GNP and GDP to assess economic health.
Synonym:
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