Difference between revisions of "Gross National Product"
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The per capita GNP, or '''Gross National Product''', is the total value of all the goods and services produced by a country in one year, divided by the population. It is usually expressed in US dollars. The average per capita GNP (as of 2006) in developed countries with high-income economies, e.g. the United Kingdom, is about $23500. In developing countries with middle-income economies it is $2500. In developing countries with low-income economies, it is less than $400. | The per capita GNP, or '''Gross National Product''', is the total value of all the goods and services produced by a country in one year, divided by the population. It is usually expressed in US dollars. The average per capita GNP (as of 2006) in developed countries with high-income economies, e.g. the United Kingdom, is about $23500. In developing countries with middle-income economies it is $2500. In developing countries with low-income economies, it is less than $400. | ||
| − | == See | + | == See also == |
*[[GDP]] | *[[GDP]] | ||
*[[National income]] | *[[National income]] | ||
| − | [[ | + | [[Category:Economics]] |
Revision as of 13:41, July 13, 2016
The per capita GNP, or Gross National Product, is the total value of all the goods and services produced by a country in one year, divided by the population. It is usually expressed in US dollars. The average per capita GNP (as of 2006) in developed countries with high-income economies, e.g. the United Kingdom, is about $23500. In developing countries with middle-income economies it is $2500. In developing countries with low-income economies, it is less than $400.