gross national product
noun
: the total value of the goods and services produced by the residents of a nation during a specified period (such as a year)
Examples of gross national product in a Sentence
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First, do conventional measures of growth, such as the change in a country’s gross national product, omit key aspects of collective social welfare, such as environmental quality and income inequality?
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Foreign Affairs, 14 Jan. 2025
But if history is any guide, expanding gross national product is also unlikely to be a panacea.
—Robert A. Pape, Foreign Affairs, 23 Sep. 2024
Here’s a fact to consider: the American health care system is a $4.5 trillion industry (and counting), around the size of Italy’s entire gross national product.
—David Weill, STAT, 9 Aug. 2024
Some economists list the net worth of these corporations as being more than the gross national product of many European nations.
—Reader Commentary, Baltimore Sun, 2 Aug. 2024
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Foreign Affairs, 14 Jan. 2025
But if history is any guide, expanding gross national product is also unlikely to be a panacea.
—Robert A. Pape, Foreign Affairs, 23 Sep. 2024
Here’s a fact to consider: the American health care system is a $4.5 trillion industry (and counting), around the size of Italy’s entire gross national product.
—David Weill, STAT, 9 Aug. 2024
Some economists list the net worth of these corporations as being more than the gross national product of many European nations.
—Reader Commentary, Baltimore Sun, 2 Aug. 2024
See all Example Sentences for gross national product
Dictionary Entries Near gross national product
Cite this Entry
“Gross national product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20national%20product. Accessed 18 Jan. 2025.
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