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GNP - Meaning, Definition & English Examples

GNP, or Gross National Product, measures the total economic output of a country’s residents, including income earned abroad. It reflects a nation’s economic health and productivity.

GNP

/ˌdʒi ˌɛn ˈpi/ /ˌdʒiː ˌɛn ˈpiː/

Definition:

Gross National Product; total value of goods and services produced by a nation annually.

Synonyms:

national income, economic output, GDP, economic growth

Part of Speech:

noun

Antonyms:

economic decline, recession, poverty

Common Collocations:

GNP growth, GNP per capita, GNP calculation, GNP statistics

Derivatives:

GNPs (plural), GNP-related (adjective)

Usage Tips:

Use "GNP" when discussing a country's economic performance; avoid confusing it with GDP (domestic vs. national).

Common Phrases:

"GNP per capita, " "GNP growth rate, " "real GNP"

Etymology:

Acronym from "Gross National Product," first used in mid-20th century economics.

Examples:

  • 1. The country's GNP increased by 5% last year.
  • 2. Economists compare GNP to measure national prosperity.
  • 3. A high GNP doesn't always mean wealth is evenly distributed.
  • 4. The report analyzed the GNP of developing nations.

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