gross national product
10
3.7
- noun
- /ɡroʊs ˈnæʃənl ˈprɒdʌkt/
- Archaic
:
producto nacional bruto
- Its leading exports, plums, carrots, and gold, account for 30 percent of Germany's gross national product.
- gross national product (GNP)
- growth in the gross national product
The only way you could any aristocrat could increase his gross national product was to get more land and more peasants to farm it.
- The only way you could any aristocrat could increase his gross national product was to get more land and more peasants to farm it.
Examples
-
Japan's gross national product, 50 years after Pearl Harbor, is double that of Germany.
Academic text (1991) -
Table 1 shows the 1988 gross national product per capita of the five countries.
Academic text (1993) -
The answer was five and a half times the French gross national product.
Academic text (1993) -
We have greatly increased the gross national product, and increased the tax base and the revenues of the federal government.
-
Total expenditures for all educational institutions account for about 7 percent of the gross national product.
Academic text (1992) -
Mexico's gross national product grew at a rate in excess of 6 percent annually, outstripping population growth.
Academic text (1991) -
By 1984, Morocco's foreign debt amounted to more than 80 percent of the gross national product (World Bank 1985).
Academic text (1992) -
International tourism receipts account for approximately one-third of the cumulative gross national product (GNP) of the small islands.
Academic text (1993) -
The U.S. spends 14 percent of its gross national product on health care.
-
Tourism accounts for nearly half the gross national product of the Bahamas.
Synonyms
16
4.2
An older measure of a country's total production by its people and businesses in one year
Surface Forms
Morphology
Each constituent maps directly onto parts of the definition: 'gross' = total/before deductions, 'national' = of the country, and 'product' = goods/services produced, so their combination transparently yields the idea of the total output of a nation. Although it is a technical economic term, the overall meaning is compositionally derivable and cross-linguistically parallel, so a B1 learner who knows the words would readily infer the sense.
Etymology
Gross national product paints a simple picture: gross means the whole amount, national shows it belongs to the country's people and companies, and product is what they make. So, it means the 'total value' of all goods and services made by a country's people and companies in a year, even if some are made abroad.