Difference between GDP and GNP.

p2pFuturep2pFuture Member Posts: 7
The elaboration of GDP is Gross Domestic Product and the elaboration of GNP is Grows National Product. For calculating GDP, all product produced within the geographical area should be included.

Comments

  • phpdev3phpdev3 Member Posts: 5
    It is fine that you have shared here. GDP is very much important to measure the overall economy of a country. On the other hand, GNP is measured by calculating the overall income of the country within a certain period of time, especially for one year.
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