Gross domestic product (GDP) is the value of the finished domestic goods and services produced within a nation's borders. On the other hand, gross national product (GNP) is the value of all
NNP is one of the important metrics for determining the actual growth of a nation. It measures how much the country is able to consume in a given period of time. Also Check: Gross National Product Difference Between GDP and GNP
GNP = GDP + (X-M), where X = Income from foreign and M = Income to Foreign Net National Product (NNP) It is calculated by subtracting depreciation from the Gross National Product. NNP = GNP - Depreciation Get Unlimited Access to Test Series for 810+ Exams and much more. Know More ₹17/ month Buy Testbook Pass Difference between GDP and GNP of India
Gross national product (GNP) is the total income earned by a country's factors of production in a year or a given time period, regardless of where assets are located (nations' output). Net national product (NNP) is the total market value of all final goods and services produced by residents in a country during a given time period.

Gross national product (GNP) is the value of all goods and services made by a country's residents and businesses, regardless of production location. GNP counts the investments made by U.S. residents and businesses—both inside and outside the country—and computes the value of all products manufactured by domestic companies, regardless of

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what is gnp and nnp