The GDP minus depreciation on a country's capital goods. This measure allows users of the country's national accounts to estimate how much the country has to spend just to maintain their current GDP. If the country is not able to replace the capital stock lost through depreciation, then GDP will fall. In addition, a growing gap between GDP and Net Domestic Product indicates increasing obsolescence of capital goods, while a narrowing gap would mean that the condition of capital stock in the country is improving.
Related information about Net Domestic Product:
- Net domestic product - Wikipedia, the free encyclopedia
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for ...
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An annual measure of the economic output of a nation that is adjusted to account for depreciation, calculated by subtracting depreciation from the gross ...
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Definition of Net Domestic Product: The GDP minus depreciation on a country's capital goods. This measure allows users of the country's national accounts to ...
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(Economics) Economics the gross domestic product minus an allowance for the depreciation of capital goods Abbreviation NDP. Want to thank TFD for its ...
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A country or other geographical unit's gross domestic product less the collective depreciation on its capital assets. For example, the net domestic product may ...
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The total market value of all final goods and services produced within the political boundaries of an economy during a given period of time, usually a year, after ...
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