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Gross National Product (GNP)
Gross National Product (GNP) measures the total economic output produced by a country's residents, regardless of location, including income earned abroad. It differs from GDP by adding net income from overseas investments and is used to compare economic performance across countries.
Example
“Ireland's GNP was significantly lower than its GDP due to the large presence of multinational corporations booking profits domestically, making GNP a more accurate measure of residents' actual economic output.”