GDPspecialized

SMART Vocabulary: related words and phrases

Economics
accommodative
anti-economic
anti-inflation
anti-inflationary
anti-recession
buyer's market
deindustrialization
economic
Great Recession
gross domestic product
HDI
human development index
Keynesian
monetarism
monetary
recession
reflate
retrench
squeeze
the public purse

GNP | Business English

GNP
noun[ U ]
uk /ˌdʒiːenˈpiː/us
ECONOMICS
abbreviation for Gross National Product: the total value of all the goods and services produced by a country in a particular year, including income from foreign investments:
This year, exports generated 41.4 percent of GNP.