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TeachMeFinance.com - explain Gross national product (GNP) Gross national product (GNP) The term 'Gross national product (GNP)' as it applies to the area of energy can be defined as ' The total value of goods and services produced by the nation's economy before deduction of depreciation charges and other allowances for capital consumption. It includes the total purchases of goods and services by private consumers and government, gross private domestic capital investment, and net foreign trade'. Previous 5 Terms: Gross generation Gross head Gross input to atmospheric crude oil distillation units Gross inputs Gross National Product Next 5 Terms: gross primary production Gross processing margin (GPM) Gross vehicle weight rating (GVWR) Gross withdrawals Gross working interest ownership basis About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.