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    The Difference Between GDP And GNP

    2011/1/12 11:20:00 50

    GDP GNP Difference

    GDP refers to "gross domestic product"; GNP refers to "gross national product".


    GDP and GNP are two indicators that have connections and differences.

    they

    They are all accounting for the results of social production and reflecting the aggregate indicators of macro-economy.

    But because of its

    Calculation

    The caliber is different, and the two are different.


    GNP refers to the total value of new products and services produced by a country (or region) within a certain period of time.

    GNP is calculated on the basis of national principles. As long as it is a resident of a country (or a region), whether or not it resides in its own territory (or region), the added value of its new production and business activities should be included.

    For example, the income earned by our residents through overseas labor export should be calculated.

    GNP

    Medium.


    GDP refers to a country (or region) in a certain period of time, all permanent units production and operation activities of all the final results.

    GDP is the final result of production and operation according to the principle of land.

    For example, the added value created by foreign-funded enterprises in China should be calculated in GDP.

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