Iraqi Dinar Discussion Board

[Aerospace]

GDP vs GNP
GDP is Gross DOMESTIC Product. It's basically all the services and products sold by this country domestically... domestically meaning in this country.
GNP is Gross NATIONAL Product. It's the services and products sold by a country not only domestically but world wide.

Example... for the US, Ford GM and many other companies do a lot of business overseas. That money is included n GNP... but not GDP.

In the case of Iraq. I'm not aware of any big Iraqi companies doing business outside of Iraq. Iraqs main revenue is from oil sales. Oil sales are part of Iraq GDP.
In other words there is virtually no difference in Iraq's GDP and GNP