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What is Spains GNP?

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Anonymous

∙ 16y ago
Updated: 8/23/2023

The GNP (Gross National Product) of Spain is 1,100 billion dollars, ranking it 8th in the world.

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Wiki User

∙ 16y ago
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Net factor income from abroad is positive or negative?

GNP = GDP + NFIA If NFIA positive, then GNP greater than GDP. +NFIA = GNP - GDP If NFIA negative, then GDP greater than GNP. -NFIA = GDP - GNP


What is the difference between GNP at market price and GNP at factor cost?

GNP at factor cost refers to income which the factors of production receive in return for their service alone. GNP at FC = GNP at Market Price - Net Indirect Taxes + Subsidies

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