ABSTRACT
Gross domestic product (GDP) and gross national product (GNP) Prior to 2001, organizations used the term 'gross national product' - which is identical to GNI. The term 'gross domestic product' was also used. Both measured the combined income generated in a country in a given year. The difference between the two concepts was that GDP measured the total income generated from production inside the country, whereas GNP also included income received in the country but generated elsewhere, such as remittances from migrant workers. In many third world countries, this constitutes a major source of income and foreign currency.
