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A country's Gross National Product (GNP) is calculated by adding up all the goods and services produced by its citizens, regardless of where they are located. However, GNP does not account for the income earned by foreigners within a country's borders. This is where NNP comes in, as it takes into consideration the income earned by a country's residents from their investments abroad. This provides a more accurate representation of a country's economic performance and is often used in conjunction with other economic indicators to assess the overall health of an economy.
NNP is an important tool for policymakers and economists as it provides a comprehensive view of a country's economic activity and allows for comparisons with other countries. It also helps to determine a country's standard of living and can reveal important insights
