What Is the Gross National Product?
To calculate the GNP per capita - just divide the total
Hey, I'm Zach Toombs with About.com and we'll be explaining the Gross National Product or the GNP.GNP is essentially a measurement of the economic power of a country. It can tell you more about the financial well-being of individuals living within a country. It's similar to the GDP but with a few differences.The GNP takes the GDP and then accounts for whether or not the citizens and businesses produced the goods and services within the country's borders.When calculating the GNP, Included is...And it subtracts..It's not as commonly used as GDP by economists. It's a bit harder to calculate and considered less accurate, because there are more variables that come into play.Now lets look at GNP by country. According to the World Bank, in 2011 the top three countries in terms of total GNP or as it calls it, the GNI (standing for Gross National Income) were,To calculate the GNP per capita - just divide the total GNP by the population. Economists are able to get a clearer picture of the economic well-being people living in a country.In 2011 the World Bank broke it down like this...Thanks for watching our overview of the Gross National Product, more recently known as the Gross National Income - for more information, be sure to go to About.com.