What is GNP???

GNP:

• Gross National Production is the total Income generated by the nationals of a country in a given economic period of time.

Example. Ireland's GNP was $180.5Billion in 2013

• Formula: GDP - (Repatriation out + Foreign Direct Investment(fx)) +Repatriation In =GNP.
• The total Repatriation out and foreign Direct Investment (FX) equaled $51.5Billion in 2013.

What is GNP per Capita??

GNP per capita:

• Gross National Production per capita is the value of earning in the country per a person in a economy.
• Formula: GNP($180.5Billion)/Population(4.47Million)=GNP Per Capita(40,380)

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