Gross National Product (GNP) is a measure of a country's economic output and is calculated as the total value of all goods and services produced by a country's residents and businesses, regardless of where they are located.

GNP takes into account not only the production within a country's borders but also the production by its citizens and companies outside the country's borders. This means that a country's GNP can be affected by the activities of its citizens and companies in other countries.

GNP is often used as a measure of a country's economic growth and can be used to compare the relative economic performance of different countries. However, it is important to note that GNP does not take into account factors such as income distribution or environmental sustainability, which can be important considerations in assessing a country's overall well-being.

Overall, GNP provides a snapshot of a country's economic output and can be a useful tool for policymakers, economists, and investors in analyzing and comparing the economic performance of different countries.

Gross National Product (GNP) measures the total economic output produced by a country's residents, regardless of location, over a specific period. It includes the value of goods and services produced domestically and income earned by residents from overseas investments, minus income earned within the country by foreign residents.

GNP is a key economic indicator reflecting a nation's economic health and global economic participation. It highlights how a country's citizens and businesses contribute to its wealth, including those operating internationally.

For example, if a company based in the U.S. earns profits from operations abroad, these are part of the U.S. GNP. However, profits from foreign companies operating within the U.S. are excluded. GNP differs from GDP, which focuses solely on domestic production.