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Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.
Dale T. Mortensen

Meaning of "gross national product" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF GROSS NATIONAL PRODUCT

gross national product play
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GRAMMATICAL CATEGORY OF GROSS NATIONAL PRODUCT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Gross national product is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES GROSS NATIONAL PRODUCT MEAN IN ENGLISH?

Gross national product

Gross national product is the market value of all the products and services produced in one year by labor and property supplied by the citizens of a country. Unlike Gross Domestic Product, which defines production based on the geographical location of production, GNP allocates production based on ownership. GNP does not distinguish between qualitative improvements in the state of the technical arts, and quantitative increases in goods, and considers both to be forms of "economic growth". Basically, GNP is the total value of all final goods and services produced within a country in a particular year, plus income earned by its citizens. GNP measures the value of goods and services that the country's citizens produced regardless of their location. GNP is one measure of the economic condition of a country, under the assumption that a higher GNP leads to a higher quality of living, all other things being equal. \ See also: Gross domestic product § GDP_vs_GNI Gross National Product is often contrasted with Gross Domestic Product.

Definition of gross national product in the English dictionary

The definition of gross national product in the dictionary is the total value of all final goods and services produced annually by a nation GNP.

WORDS THAT BEGIN LIKE GROSS NATIONAL PRODUCT

gross
gross domestic income
gross domestic product
gross indecency
gross margin
gross misconduct
gross negligence
gross out
gross output
gross profit
gross ton
gross up
gross value added
gross weight
gross-out
Grosseteste
grossierete
grossly
grossness
grossular

WORDS THAT END LIKE GROSS NATIONAL PRODUCT

banking product
blood product
by-product
Cartesian product
cleaning product
conduct
coproduct
cross product
dot product
end product
finished product
fission product
global product
gross domestic product
multiproduct
primary product
product
scalar product
set product
subproduct
vector product

Synonyms and antonyms of gross national product in the English dictionary of synonyms

SYNONYMS

Translation of «gross national product» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF GROSS NATIONAL PRODUCT

Find out the translation of gross national product to 25 languages with our English multilingual translator.
The translations of gross national product from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «gross national product» in English.

Translator English - Chinese

国民生产总值
1,325 millions of speakers

Translator English - Spanish

producto nacional bruto
570 millions of speakers

English

gross national product
510 millions of speakers

Translator English - Hindi

सकल राष्ट्रीय उत्पाद
380 millions of speakers
ar

Translator English - Arabic

الناتج القومي الإجمالي
280 millions of speakers

Translator English - Russian

Валовой национальный продукт
278 millions of speakers

Translator English - Portuguese

produto nacional bruto
270 millions of speakers

Translator English - Bengali

মোট জাতীয় পণ্য
260 millions of speakers

Translator English - French

produit national brut
220 millions of speakers

Translator English - Malay

Produk kebangsaan kasar
190 millions of speakers

Translator English - German

Bruttosozialprodukt
180 millions of speakers

Translator English - Japanese

国民総生産
130 millions of speakers

Translator English - Korean

국민 총생산
85 millions of speakers

Translator English - Javanese

Produk nasional reged
85 millions of speakers
vi

Translator English - Vietnamese

tổng sản phẩm quốc gia
80 millions of speakers

Translator English - Tamil

மொத்த தேசிய உற்பத்தியில்
75 millions of speakers

Translator English - Marathi

एकूण राष्ट्रीय उत्पादन
75 millions of speakers

Translator English - Turkish

gayri safi milli Hasıla
70 millions of speakers

Translator English - Italian

prodotto nazionale lordo
65 millions of speakers

Translator English - Polish

Produkt krajowy brutto
50 millions of speakers

Translator English - Ukrainian

Валовий національний продукт
40 millions of speakers

Translator English - Romanian

produsul național brut
30 millions of speakers
el

Translator English - Greek

ακαθάριστο εθνικό προϊόν
15 millions of speakers
af

Translator English - Afrikaans

bruto nasionale produk
14 millions of speakers
sv

Translator English - Swedish

bruttonationalinkomsten
10 millions of speakers
no

Translator English - Norwegian

brutto nasjonalprodukt
5 millions of speakers

Trends of use of gross national product

TRENDS

TENDENCIES OF USE OF THE TERM «GROSS NATIONAL PRODUCT»

The term «gross national product» is regularly used and occupies the 100.619 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
53
/100
The map shown above gives the frequency of use of the term «gross national product» in the different countries.
Principal search tendencies and common uses of gross national product
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «gross national product».

FREQUENCY OF USE OF THE TERM «GROSS NATIONAL PRODUCT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «gross national product» during the past 500 years. Its implementation is based on analysing how often the term «gross national product» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about gross national product

EXAMPLES

2 QUOTES WITH «GROSS NATIONAL PRODUCT»

Famous quotes and sentences with the word gross national product.
1
Paul Hoffman
In its best prewar year, Europe with almost 300 million people had a gross national product of 150 billion dollars. In that same year, the United States with 150 million people had a gross national product of 300 billion dollars.
2
Dale T. Mortensen
Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.

10 ENGLISH BOOKS RELATING TO «GROSS NATIONAL PRODUCT»

Discover the use of gross national product in the following bibliographical selection. Books relating to gross national product and brief extracts from same to provide context of its use in English literature.
1
Understanding the Gross Domestic Product and the Gross ...
Explains what the gross domestic product and gross national product are, discussing their role in the global economy, economic indicators, and the limitations of the GDP.
Corona Brezina, 2011
2
Gross National Product, Canada, 1870-1926: The Derivation of ...
Gross National Product, Canada, 1870-1926: The Derivation of the Estimates sets out in detail the sources of data and methods employed to obtain annual estimates of the gross national product of Canada between 1870 and 1926.
M. Urquhart, 1993
3
Macroeconomics: Theory and Policy
As noted in Chapter 1, macroeconomics deals with national aggregates like gross national product, employment, price levels, consumption and investment, money supply and demand, balance of payments, and so on. Of these, the gross  ...
D. N. Dwivedi, 2005
4
Demographic Consequences of Economic Transition in Countries ...
6 shows the connection between the fall in the Total Fertility Rate and the change in gross national product between 1989 and 1999. Gross national product of 1989 was set at 100 %. Observing this connection shows that highly specific ...
Dimitŭr Filipov, Jürgen Dorbritz, 2003
5
National Income and Product Accounts of the U. S.: 1929-58
Fixed-Weighted and Altemative Quantity and Price lndexes tor Gross National Product and Command-Basis Gross National Product: Annual, 1929-58, and Quarterly, 1947-58 [index numbers, 1987=100; quarters seasonally adjusted] See nole ...
DIANE Publishing Company, 1995
6
National Accounting and Economic Policy: The United States ...
It would also be possible to compute an index of gross national product in constant prices by another method. If the production of each individual industry or economic activity could be reduced to a physical output series, it would then be ...
Nancy D. Ruggles, Richard Ruggles, 1999
7
National saving answers to key questions.
Text box 2.1 compares GDP to another measure of economic output—gross national product (GNP). In 2000, gross national saving as a share of GDP was 18.3 percent. After subtracting depreciation, which was 12.6 percent of GDP, net  ...
8
Using Economic Indicators to Improve Investment Analysis
Several years have elapsed since the Commerce Department shifted the focus from gross national product to gross domestic product. GDP, not GNP, is more closely aligned with other economic indicators such as industrial production, ...
Evelina M. Tainer, 2006
9
Foundations of Macroeconomics: Its Theory and Policy
When this amount is taken away from Gross National Product, the remaining $720.5 billion is a measure of Net National Product. In principle, Net National Product is a better measure of aggregate output than Gross National Product, because ...
Frederick Spencer Brooman, Henry D. Jacoby, 2008
10
The Production and Distribution of Knowledge in the United ...
Within the two years from 1956 to 1958 the increase of expenditures was 34 per cent in terms of dollar outlays and 28 per cent in terms of the portion of gross national product spent on higher education. The chief factor in the absolute and ...
Fritz Machlup, 1962

10 NEWS ITEMS WHICH INCLUDE THE TERM «GROSS NATIONAL PRODUCT»

Find out what the national and international press are talking about and how the term gross national product is used in the context of the following news items.
1
Puerto Rico urges creditors to co-operate
... and debts have ballooned to about 100 per cent of its gross national product as the government took advantage of the tax exemption enjoyed ... «Financial Times, Jul 15»
2
Our deadliest problem Not terrorism
But road crashes cost 1 to 3 per cent of countries' gross national product, estimates the World Bank. For every death, several more victims ... «gulfnews.com, Jul 15»
3
Xi and Putin driving Eurasia resurgence, says Duowei
Up to 60% of the world's gross national product is attributable to Eurasia, and three-quarters of the world's known energy resources are also ... «WantChinaTimes, Jul 15»
4
Vietnam communist chief meets Obama for team up against China
... China Sea oil exploration was the main reason behind Vietnam's 7% GDP growth in 2011 and accounted for 30% of gross national product. «WantChinaTimes, Jul 15»
5
New Book by James Angelos Tells of Demise of Contemporary …
Today, after a second bailout in 2012, unemployment stands at roughly 25 percent, the gross national product has drastically contracted, the ... «The Pappas Post, Jul 15»
6
Puerto Rico gov't targets workers to pay 'unpayable' debt of US colony
Puerto Rico's gross national product has dropped 14 percent since 2006. Commercial bank assets have fallen by 30 percent since 2005. «The Militant, Jul 15»
7
Developers look abroad to keep afloat
Construction as part of gross national product was 21% and went down to below 7%. There were 177,000 jobs lost. People who were set up ... «The Sunday Times, Jul 15»
8
Financing for Development Conference: People's needs, not country …
... allocate part (0,7%) of their gross national product to official development assistance (ODA) has led to the erosion of global health solidarity. «Médecins Sans Frontières International, Jul 15»
9
Official: Qeshm to be turned into major regional marine port
Stressing that for the implementation of the targets foreign investments are sought, he said based on statistics 50% of gross national product ... «Zawya, Jul 15»
10
Puerto Rico to meet creditors
... to about 100 per cent of its gross national product as the government took advantage of the tax exemption enjoyed by US “municipal debt”. «Financial Times, Jul 15»

REFERENCE
« EDUCALINGO. Gross national product [online]. Available <https://educalingo.com/en/dic-en/gross-national-product>. Apr 2024 ».
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