Net Domestic Product Article

What is Net Domestic Product (NDP)? [PDF] Inside | Understanding NDP, How to calculate? and Benefits of NDP

BySushanta Maiti

NDP stands for “Net Domestic Product.” It is a macroeconomic indicator that represents the total market value of all final goods and services produced within a country’s borders during a specific time period, minus the depreciation of capital assets. In other words, NDP provides a measure of a nation’s economic output after accounting for the…

Gross National Product (GNP)

What is Gross National Product (GNP)? [PDF Inside] |Explanation, How to Calculate GNP, Benefits of GNP

BySushanta Maiti

Gross National Product (GNP) is the total market value of all final goods and services produced by a country’s residents in a specific time period, typically a year. It includes the value of goods and services produced domestically as well as the income earned by the country’s residents from abroad, minus the income earned by…