In 2009,Bangladesh's GNP was 9 percent higher than its GDP; this occurred due to the fact that:

Question

Quizplus · Accepted Answer

The difference between GNP and GDP is that GNP includes income earned by domestic citizens abroad, while GDP measures income generated within the country's borders. Therefore, the higher GNP in Bangladesh suggests that a significant number of Bangladeshi citizens are working and earning income abroad. This is supported by data from the World Bank, which shows that remittances from overseas workers accounted for 7.8 percent of Bangladesh's GDP in 2009.

In 2009,Bangladesh's GNP Was 9 Percent Higher Than Its GDP;