Definition of “GNP” - English Dictionary


“GNP” in Business English

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GNPnoun [ U ]

uk /ˌdʒiːenˈpiː/ us

ECONOMICS abbreviation for Gross National Product: the total value of all the goods and services produced by a country in a particular year, including income from foreign investments:

This year, exports generated 41.4 percent of GNP.

(Definition of “GNP” from the Cambridge Business English Dictionary © Cambridge University Press)