Gross National Product GNP सकल राष्टीय उत्पाद

Gross National Product (GNP) सकल राष्टीय उत्पाद

GNP is the total market value of all the production (goods and services) which is produce in a limited time frame in the economic. GNP presents a large picture of an economic and it also includes the depreciation on capital equipment. We also include the net income or excess of export over import in it. We include different types of goods and services in it like – consumption goods & services, capital goods, goods & services produced by the government or net excess of export over import.

Gross National Product GNP सकल राष्टीय उत्पाद  

We use three methods to calculate the GNP –

Income Method (आय विधि) – we add all the wages or income paid to the production factor. GNP = wages or income + rent + interest + dividend + profit + mixed income + direct or indirect +depreciation + income from export over import.

Value added (उत्पाद विधि) – in this method, we add all the monetary value of final product which is produced by the economic in a limited time frame or a financial year. We only use the final product so we have a clear idea but intermediate product that is used by the industry. In this, we add all the final output and deduct all the input use by the industry.

Expenditure method ( व्यय विधि ) - in this method, we add all the expenditure for final goods and services in an economics. GNP = consumption + investment + government expenditure + net foreign investment