An economic statistic that includes GDP, plus any income earned by residents
from overseas investments, minus income earned within the domestic economy by
GNP is a measure of a country's economic performance, or what its citizens
produced (i.e. goods and services) and whether they produced these items within
GNP and GDP tend to be used as synonyms, although GDP is definitely the
preferred measure among economists and is gaining popularity in general
conversation as well; the two measures are fairly close numerically.
The difference is that GDP measures all production within a country's
borders, by whoever happens to be working here; GNP measures the production of
all citizens of a country, wherever they happen to be working. (Maybe you can
remember the "N" in GNP stands for "anywhere").
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