gross national product

noun

1. the total monetary value of all final goods and services produced in a country during one year. : GNP

gross national product

noun

1. the total value of all final goods and services produced annually by a nation GNP

Word History and Origins

Origin of gross national product¹

First recorded in 1945–50

Example Sentences

In Bhutan when I was there, they judged their country not by the gross national product, they judge it by the happiness of their people.

From Eater