GDP = C + I + G + X. GNI uses GDP and two different types of income circumstances: Income from citizens and businesses earned abroad (A) Income remitted by foreigners living in the country back to their home countries (B) This gives the formula: GNI = GDP + [ ( A ) - ( B ) ] To calculate GNP, GDP is used again, with two types of income that Key Takeaways Net national product (NNP) is gross national product (GNP), the total value of finished goods and services produced by a NNP is often examined on an annual basis as a way to measure a nation's success in continuing minimum production Gross Domestic Product (GDP) is the most
Net National Product (NNP) = Gross National Product (GNP) - Depreciation. The gross national product portion of the NNP formula includes all the final goods and services manufactured and produced within a nation with a period.

(4). NNP: Net National Product (NNP) of an economy is the GNP after deducting the loss due to depreciation'. The formula to derive it may be written like : NNP = GNP - Depreciation or, NNP = GDP + Income from Abroad Depreciation. The different uses of the concept of NNP are as given below : (i) This is the' National Income'(NI) of an economy.

GNP = GDP + (X-M), where X = Income from foreign and M = Income to Foreign Net National Product (NNP) It is calculated by subtracting depreciation from the Gross National Product. NNP = GNP - Depreciation Get Unlimited Access to Test Series for 810+ Exams and much more. Know More ₹17/ month Buy Testbook Pass Difference between GDP and GNP of India Gross national product (GNP) is the value of all goods and services made by a country's residents and businesses, regardless of production location. GNP counts the investments made by U.S. residents and businesses—both inside and outside the country—and computes the value of all products manufactured by domestic companies, regardless of
Gross national product (GNP) is a slightly modified version of gross domestic product (GDP). The GNP of a country is equal to the value of all goods and services produced by the nationals of a
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    • what is gnp and nnp