Gross National Product (GNP) is a measure of the economic performance of a country's residents, reflecting the total value of goods and services produced by a country's residents, including overseas income.
An economic measure that represents the sum total of the value of all capital and goods held within a nation. It encompasses the net value of all assets owned by residents and businesses of a country at a particular time.
Real GDP, or Real Gross Domestic Product, measures the value of economic output adjusted for price changes (inflation or deflation).
