What is a Gross National Product (GNP)?

Somtochukwu

Gross National Product (GNP) is the total value of all final goods and services produces with factors of production owned by citizens of a given country.

Unlike the gross domestic product (GDP), the GNP includes the income of the overseas divisions of Nigerian companies.

 Click here to save this Post as PDF
Let us connect on social media forever;
Follow me

Somtochukwu

Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
Avatar
Follow me

Leave a Reply

Your email address will not be published. Required fields are marked *