Gross National Product (GNP) measures the total economic output produced by a country's residents, regardless of where that production occurs. It includes the value of all goods and services produced by the nation's citizens and businesses, both domestically and abroad, over a specific time period, usually a year. GNP is an important indicator of a country's economic health and performance. It helps policymakers and economists understand the overall productivity of a nation and can influence decisions related to fiscal policy, trade, and investment. By analyzing GNP, stakeholders can assess the standard of living and economic well-being of a country's population.