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What is GNP?

GNP or Gross National Product is the total value added from domestic and foreign sources claimed by residents of a country.

In other words it is GDP (Gross Domestic Product, the value of goods and services produced within a country) plus net income received by residents from non-resident sources.

GNP per capita is the total divided by the number of people in the country. In other words, GNP per capita is a measure of national income per person.

What is GDP?

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