Gross domestic product (GDP) is the value of the finished domestic goods and services produced within a nation's borders. Gross national product (GNP) is the value of all finished goods and services ...

Gross National Product (GNP) and Gross Domestic Product (GDP) are both key indicators used to measure the economic performance and size of a country’s economy but they differ in their scope and focus.

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...