gross national product
The total value of new goods and services produced in a given year by a country's domestically owned factors of production, regardless of where. It is "gross" in the sense that, in contrast to NNP, it does notdeduct depreciation of previously produced capital.
Browse by Subjects
Gross National Income (GNI)
GNP
national income accounts
See All Related Terms »

subtotal
bring down
running account credit
maximum
fall behind