GNP - Gross National Product
Gross national product (GNP) per capita, which is the dollar value of a country’s final output of goods and services in a year, divided by its population. It reflects the average income of a country’s citizens. Countries with a GNP per capita of $11,116 or more are described as high income countries, between $3,596 and $11,115 as upper middle income, between $906 and $3,595 as lower middle income, and for lower income countries $905 or less.
GNP per capita shows what part of a country’s GNP each person would have if this GNP were divided equally. Knowing a country’s GNP per capita is a good first step toward understanding the country’s economic strengths and needs, as well as the general standard of living enjoyed by the average citizen. A country’s GNP per capita tends to be closely linked with other indicators that measure the social, economic, and environmental well-being of the country and its people. For example, generally people living in countries with higher GNP per capita tend to have longer life expectancies, higher literacy rates, better access to safe water, and lower infant mortality rates.