GNP
noun /ˌdʒiː en ˈpiː/
/ˌdʒiː en ˈpiː/
[uncountable, countable]- the total value of all the goods and services produced by a country in one year, including the total income from foreign countries (the abbreviation for ‘gross national product’)
- In fact, GNP is not and can never be a measure of welfare.
- The country is forecasted to witness an increase in GNP.
- Many developing countries have a GNP per capita of under $3000.