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 Categories > National Accounts > National Income & Product Accounts > GDP/GNP. net domestic product synonyms, net domestic product pronunciation, net domestic product translation, English dictionary definition of net domestic product. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012, the gross domestic product minus an allowance for the depreciation of capital goods. U.S. Bureau of Economic Analysis, Convenient, Affordable Legal Help - Because We Care! Net domestic product [A362RC1A027NBEA], Net Cash Resources [Food And Nutrition Service], Alternate Payee to Qualified Domestic Relations Order. Graph and download economic data for Net domestic product (A362RC1A027NBEA) from 1929 to 2019 about domestic, Net, GDP, and USA. Why Do “Left” And “Right” Mean Liberal And Conservative? “Hallowmas” vs. “All Saints’ Day”: What’s The Day After Halloween Actually Called? Net domestic product is considered as a key indicator of economic growth of a country. “Terror” vs. “Horror”: Which One Is Worse? Gross Domestic Product, Units: Abbreviation: NDP 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. U.S. Bureau of Economic Analysis, Release: https://fred.stlouisfed.org/series/A362RC1A027NBEA, Federal Reserve Bank of St. Louis, For example, the net domestic product may calculate the depreciation on all the factories in a country. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. 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. A-Z: Search Glossary term: Apply. Net Domestic Product A country or other geographical unit's gross domestic product less the collective depreciation on its capital assets. 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). Collins English Dictionary - Complete & Unabridged 2012 Digital Edition 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). Source: Are you sure you want to remove this series from the graph? − = Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. What Is The Difference Between “It’s” And “Its”? Get the USLegal Last Will Combo Legacy Package and protect your family today! Annual. Quarterly, Seasonally Adjusted Annual Rate. October 31, 2020. BEA Account Code: A362RCFor more information about this series, please see http://www.bea.gov/national/. Releases from U.S. Bureau of Economic Analysis, More “Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean? Look it up now! retrieved from FRED, Net domestic product definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Net domestic product definition: the gross domestic product minus an allowance for the depreciation of capital goods | Meaning, pronunciation, translations and examples Series from Gross Domestic Product. Generally, the smaller the difference between GDP and NDP, the more efficient the economy. Absentee Ballot vs. Mail-In Ballot: Is There A Difference? Which Word of the Day from this month means, “an irrational dislike; loathing”? 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. Search net domestic product and thousands of other words in English definition and synonym dictionary from Reverso. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Net domestic product (NDP) Glossary. 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). Search your capacious memory for the meaning of October’s words! Billions of Dollars, Not Seasonally Adjusted, Frequency: “Affect” vs. “Effect”: Use The Correct Word Every Time. 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. Please review the copyright information in the series notes before sharing. Federal Reserve Bank of St. Louis; St. Louis, MO 63102, More This is a change of -1.26% from last quarter and 1.62% from one year ago. This can not be undone. Net domestic product is defined as the net value of all the goods and services produced within a country’s geographic borders. Define net domestic product. One Federal Reserve Bank Plaza, Data in this graph are copyrighted. n economics the gross domestic product minus an allowance for the depreciation of capital goods.
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