(gross national product or GNP) minus depreciation = net national product
The formula for Net Domestic Product at Factor Cost (NDPfc) is: [ \text{NDPfc} = \text{Gross Domestic Product (GDP)} - \text{Depreciation} + \text{Net Factor Income from Abroad} ] This can also be expressed as: [ \text{NDPfc} = \text{GDP at Market Prices} - \text{Indirect Taxes} + \text{Subsidies} - \text{Depreciation} ] NDPfc measures the value of goods and services produced within a country, accounting for the consumption of fixed capital and adjusting for taxes and subsidies, reflecting the income earned by factors of production.
Gross domestic product or GDP is a valuable summation of nations economic productivity. The simple formula for deriving GDP is adding a nation's total currency value of consumption, investment, government expenditures and net exports together.
Net Domestic Product NDP
GDP divided by total population
Net state Domestic Product = Gross Domestic Product(GDP) - Depreciation
(gross national product or GNP) minus depreciation = net national product
Gross domestic product is the basic measure of a country's overall domestic product. and its formula is as follows: David Morson http://www.datadubai.com/
Gross domestic product or GDP is a valuable summation of nations economic productivity. The simple formula for deriving GDP is adding a nation's total currency value of consumption, investment, government expenditures and net exports together.
Net Domestic Product NDP
GDP divided by total population
GDP is the gross total income and NDP is the net domestic product
"The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods." from wikipedia entry en.wikipedia.org/wiki/Net_domestic_productPlease look it up first!
Gross domestic product is sum of the gross value added in the various economic activities. GDP at factor cost plus indirect taxes less subsidies on products is known as producer price.
Indirect taxes minus subsidies are added to get from factor cost to market prices.Depreciation (or Capital Consumption Allowance) is added to get from net domestic product to gross domestic product.
Indirect taxes minus subsidies are added to get from factor cost to market prices.Depreciation (or Capital Consumption Allowance) is added to get from net domestic product to gross domestic product.
All domestically-produced sources of: Government expenditure Consumption Investment Plus: Net exports