GDP = C + I + G + X. GNI uses GDP and two different types of income circumstances: Income from citizens and businesses earned abroad (A) Income remitted by foreigners living in the country back to their home countries (B) This gives the formula: GNI = GDP + [ ( A ) - ( B ) ] To calculate GNP, GDP is used again, with two types of income that GNP at Factor Cost = GDP at Factor Cost + Net Income from Abroad - Depreciation; GNP at Market Price = GNP at Factor Cost + Indirect Taxes - Subsidies; NNP (Net National Product) NNP is derived from GNP by subtracting the value of depreciation. Both the Gross National Product (GNP) and Gross Domestic Product (GDP) measure the market value of products and services produced in the economy. The terms differ in what constitutes an economy since GDP measures the domestic levels of production while GNP measures the level of the output of a country's residents regardless of their location. Gross national product (GNP) refers to the total value of all the goods and services produced by the residents and businesses of a country, irrespective of the location of production. GNP takes into account the investments made by the businesses and residents of the country, living both inside and outside the country. Gross national product (GNP) is the value of all goods and services made by a country's residents and businesses, regardless of production location. GNP counts the investments made by U.S. residents and businesses—both inside and outside the country—and computes the value of all products manufactured by domestic companies, regardless of Gross national product (GNP) is a slightly modified version of gross domestic product (GDP). The GNP of a country is equal to the value of all goods and services produced by the nationals of a EV7N.

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