gross national product


noun

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

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Origin of gross national product

First recorded in 1945–50
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for gross national product

gross national product

noun

the total value of all final goods and services produced annually by a nationAbbreviation: 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