gross national product
noun
the total monetary value of all final goods and services produced in a country during one year. Abbreviation: GNP
Origin of gross national product
1First recorded in 1945–50
- Compare national income, net national product.
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British Dictionary definitions for gross national product
gross national product
noun
the total value of all final goods and services produced annually by a nation: Abbreviation: GNP
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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