Please review the copyright information in the series notes before sharing. Net domestic product is considered as a key indicator of economic growth of a country. Net Domestic product is the annual measure of the economic output of a nation that is adjusted to account for depreciation, calculated by subtracting depreciation from the gross domestic product (GDP). A-Z: Search Glossary term: Apply. Gross Domestic Product, Units:  Net domestic product is defined as the net value of all the goods and services produced within a country’s geographic borders. − = Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. Series from Gross Domestic Product. Data in this graph are copyrighted. net domestic product synonyms, net domestic product pronunciation, net domestic product translation, English dictionary definition of net domestic product. retrieved from FRED, Source: Convenient, Affordable Legal Help - Because We Care! U.S. Bureau of Economic Analysis, What Is The Difference Between “It’s” And “Its”? Federal Reserve Bank of St. Louis, © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins St. Louis, MO 63102, More n economics the gross domestic product minus an allowance for the depreciation of capital goods. The net national product definition is slightly different from that of both the gross national product and the more often talked about gross domestic product. For example, the net domestic product may calculate the depreciation on all the factories in a country. October 31, 2020. Get the USLegal Last Will Combo Legacy Package and protect your family today! Net Cash Resources [Food And Nutrition Service], Alternate Payee to Qualified Domestic Relations Order. Search net domestic product and thousands of other words in English definition and synonym dictionary from Reverso.

Net Domestic Product A country or other geographical unit's gross domestic product less the collective depreciation on its capital assets. Categories > National Accounts > National Income & Product Accounts > GDP/GNP. Which Word of the Day from this month means, “an irrational dislike; loathing”? Graph and download economic data for Net domestic product (A362RC1A027NBEA) from 1929 to 2019 about domestic, Net, GDP, and USA. Search your capacious memory for the meaning of October’s words! A more accurate measure of growth than the GDP is the net domestic product (NDP), which is simply the GDP minus capital depreciation, which is a measure of the amount of output used to replace aging stock of capital.Net domestic product measures how much the economy has grown. Federal Reserve Bank of St. Louis; This can not be undone. Abbreviation: NDP Are you sure you want to remove this series from the graph? Net domestic product definition: the gross domestic product minus an allowance for the depreciation of capital goods | Meaning, pronunciation, translations and examples BEA Account Code: A362RCFor more information about this series, please see http://www.bea.gov/national/. https://fred.stlouisfed.org/series/A362RC1A027NBEA, This is a change of -1.26% from last quarter and 1.62% from one year ago. Collins English Dictionary - Complete & Unabridged 2012 Digital Edition Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012, the gross domestic product minus an allowance for the depreciation of capital goods. High quality example sentences with “net domestic product” in context from reliable sources - Ludwig is the linguistic search engine that helps you to write better in English Why Do “Left” And “Right” Mean Liberal And Conservative? Absentee Ballot vs. Mail-In Ballot: Is There A Difference? Net domestic product (NDP) Glossary. “Hallowmas” vs. “All Saints’ Day”: What’s The Day After Halloween Actually Called? Releases from U.S. Bureau of Economic Analysis, More Annual. Quarterly, Seasonally Adjusted Annual Rate. “Affect” vs. “Effect”: Use The Correct Word Every Time. “Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean? Net domestic product definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. The NDP calculation allows users of the country's national accounts to estimate how much the country has to spend just to maintain their current GDP. Billions of Dollars, Not Seasonally Adjusted, Frequency:  Look it up now! Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. Define net domestic product. The market value of the goods and services produced by labor and property in the United States less the value of the fixed capital used up in production; equal to gross domestic product (GDP) less consumption of fixed capital (CFC). The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods.

Net Domestic product is the annual measure of the economic output of a nation that is adjusted to account for depreciation, calculated by subtracting depreciation from the gross domestic product (GDP).

Net domestic product [A362RC1A027NBEA], One Federal Reserve Bank Plaza, “Terror” vs. “Horror”: Which One Is Worse?

Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.

US Net Domestic Product is at a current level of 17.98T, down from 18.21T last quarter and up from 17.70T one year ago.

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