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GNP: total value of all materials, foodstuffs, goods, and services produced by the companies of a country in a particular year. GNP measures the nationality of production so an American Ford Motor Company auto-assembly plant in Mexico contributes to the American GNP.

GDP: Gross Domestic Productan estimate of the total value of all materials, foodstuffs, goods, and services produced withing the borders of a country in a particular year. GDP measures what is produced within the borders of a country regardless of ownership. In this case, the American Ford Motor Company auto-assembly plant in Mexico contributes to the Mexican GDP.