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The graph of the Philippines' GDP (Gross Domestic Product) typically shows the total value of all goods and services produced within the country over a specific period, reflecting economic growth trends. In contrast, the GNP (Gross National Product) accounts for the total economic output produced by Philippine residents, including those living abroad, minus the income earned by foreign residents in the Philippines. Over recent years, both GDP and GNP have generally exhibited upward trends, although GDP growth may outpace GNP due to increased foreign investment and remittances from overseas Filipino workers. The graph may also illustrate fluctuations due to external factors such as global economic conditions and domestic policy changes.

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2w ago

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