Definition of GNP noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˌdʒiː en ˈpiː//
; NAmE NAmE//ˌdʒiː en ˈpiː//
[uncountable, countable, usually singular]
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the abbreviation for ‘gross national product’ (the total value of all the goods and services produced by a country in one year, including the total income from foreign countries) 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. compare GDP
See the Oxford Advanced American Dictionary entry: GNP