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Meaning of "net domestic product" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF NET DOMESTIC PRODUCT

net domestic product play
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GRAMMATICAL CATEGORY OF NET DOMESTIC PRODUCT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Net domestic product is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES NET DOMESTIC PRODUCT MEAN IN ENGLISH?

Net domestic product

The net domestic product equals the gross domestic product minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. The depreciation accounted for is often referred to as "capital consumption allowance" and represents the amount of capital that would be needed to replace those depreciated assets. 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 NDP indicates increasing obsolescence of capital goods, while a narrowing gap means that the condition of capital stock in the country is improving. It reduces the value of capital that is why it is separated from GDP to get NDP.

Definition of net domestic product in the English dictionary

The definition of net domestic product in the dictionary is the gross domestic product minus an allowance for the depreciation of capital goods NDP.

WORDS THAT BEGIN LIKE NET DOMESTIC PRODUCT

net
net asset value
Net Book Agreement
net cord
net curtains
net fishing
net national product
net play
net present value
net profit
net realizable value
net surfer
net ton
net weight
net-net
Netaji
Netanyahu
netball
netballer
netbook

WORDS THAT END LIKE NET DOMESTIC PRODUCT

banking product
blood product
by-product
Cartesian product
cleaning product
conduct
cross product
dot product
end product
finished product
fission product
global product
gross domestic product
gross national product
multiproduct
primary product
product
scalar product
set product
subproduct
vector product

Synonyms and antonyms of net domestic product in the English dictionary of synonyms

SYNONYMS

Translation of «net domestic product» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF NET DOMESTIC PRODUCT

Find out the translation of net domestic product to 25 languages with our English multilingual translator.
The translations of net domestic product from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «net domestic product» in English.

Translator English - Chinese

国内生产净值
1,325 millions of speakers

Translator English - Spanish

producto interno neto
570 millions of speakers

English

net domestic product
510 millions of speakers

Translator English - Hindi

शुद्ध घरेलू उत्पाद
380 millions of speakers
ar

Translator English - Arabic

الناتج المحلي الصافي
280 millions of speakers

Translator English - Russian

Чистый внутренний продукт
278 millions of speakers

Translator English - Portuguese

produto interno líquido
270 millions of speakers

Translator English - Bengali

নেট গার্হস্থ্য পণ্য
260 millions of speakers

Translator English - French

le produit intérieur net
220 millions of speakers

Translator English - Malay

Produk dalam negeri bersih
190 millions of speakers

Translator English - German

Nettoinlandsprodukt
180 millions of speakers

Translator English - Japanese

国内純生産
130 millions of speakers

Translator English - Korean

순수 국산 제품
85 millions of speakers

Translator English - Javanese

Produk domestik net
85 millions of speakers
vi

Translator English - Vietnamese

sản phẩm quốc nội ròng
80 millions of speakers

Translator English - Tamil

நிகர உள்நாட்டு உற்பத்தி
75 millions of speakers

Translator English - Marathi

निव्वळ घरगुती उत्पाद
75 millions of speakers

Translator English - Turkish

Net iç ürün
70 millions of speakers

Translator English - Italian

il prodotto interno netto
65 millions of speakers

Translator English - Polish

Produkt krajowy netto
50 millions of speakers

Translator English - Ukrainian

Чистий внутрішній продукт
40 millions of speakers

Translator English - Romanian

produsul intern net
30 millions of speakers
el

Translator English - Greek

καθαρού εγχώριου προϊόντος
15 millions of speakers
af

Translator English - Afrikaans

netto binnelandse produk
14 millions of speakers
sv

Translator English - Swedish

nettonationalprodukt
10 millions of speakers
no

Translator English - Norwegian

nettonasjonalprodukt
5 millions of speakers

Trends of use of net domestic product

TRENDS

TENDENCIES OF USE OF THE TERM «NET DOMESTIC PRODUCT»

The term «net domestic product» is normally little used and occupies the 126.783 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
41
/100
The map shown above gives the frequency of use of the term «net domestic product» in the different countries.
Principal search tendencies and common uses of net domestic product
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «net domestic product».

FREQUENCY OF USE OF THE TERM «NET DOMESTIC PRODUCT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «net domestic product» during the past 500 years. Its implementation is based on analysing how often the term «net domestic product» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about net domestic product

EXAMPLES

10 ENGLISH BOOKS RELATING TO «NET DOMESTIC PRODUCT»

Discover the use of net domestic product in the following bibliographical selection. Books relating to net domestic product and brief extracts from same to provide context of its use in English literature.
1
Basic Economics
(ii) Difference between Net Domestic Product at Factor Cost and Net Domestic Product at Market Price The main difference between net domestic product at factor cost and net domestic product at market price is that net domestic product at ...
2
Macroeconomics: A Contemporary Approach
Net domestic product equals gross domestic product minus depreciation, the capital stock used up in the production process. We now have two measures of investment. Gross investment is the value of all investment during a year and is used ...
William A. McEachern, 2012
3
Macroeconomics Management
Difference between Net Domestic Product at Factor Cost and Net Domestic Product at Market Price The main difference between net domestic product at factor cost and net domestic product at market price is that, net domestic product at factor ...
TR Jain
4
Macroeconomics and Elementary Statistics
Net Domestic Product at Factor Cost or Net Domestic Income ) Difference between Net Domestic Product at Factor Cost and Net Domestic Product at Market Price The main difference between net domestic product at factor cost and net ...
TR Jain
5
Economic Concepts and Methods
(iii) Difference between Net Domestic Product at Factor Cost and Net Domestic Product at Market Price The main difference between net domestic product at factor cost and net domestic product at market price is that net domestic product at ...
TR Jain, OP Khanna
6
Economics
Net Domestic Product (NDP) GDP minus the capital consumption allowance. Personal Income The amount of income that individuals actually receive, It is equal to national income minus undistributed corporate profits, social insurance taxes, ...
Roger A. Arnold, 2013
7
Economics: A Contemporary Introduction
Net domestic product equals gross domestic product minus becomes OPSC'lele during ll'e depreciation, the capital stock used up in the production process. year We now have two measures of investment. Gross investment is the value of all ...
William A. McEachern, 2012
8
Xam Idea - Economics
Distinguish between gross domestic product at market price and net domestic product at factor cost. 3 [CBSE2000] Ans. Following are the main difference between gross domestic product at market price and net domestic product at factor cost: ...
Various
9
Textbook on Economics for Law Students
Net- domestic product at market price is equal to gross product at market price minus consumption of fixed capital or depreciation provision. Accordingly, net domestic product at factor cost is equal to net domestic product at market price minus ...
Dr. Kalpana Satija
10
Macroeconomics
... Price [GNPmp] (3) Net National Product at Market Price [NNPmp] (4) Net Domestic Product at Market Price [NDPmp] (5) Net Domestic Product at Factor Cost [NDPfc] (6) Gross Domestic Product at Factor Cost [GDPfc] (7) Net National Product ...
TR Jain, OP Khanna

10 NEWS ITEMS WHICH INCLUDE THE TERM «NET DOMESTIC PRODUCT»

Find out what the national and international press are talking about and how the term net domestic product is used in the context of the following news items.
1
Seven interesting facts about the rural economy
India's rural economy accounts for nearly 50% of India's net domestic product and over 50% of total consumption. In this context, it is important ... «Myiris.com, Jul 15»
2
Rural India's Changing Habits Make It Less Vulnerable to Bad …
The share of agriculture in rural net domestic product fell to 38.9% during fiscal year ended 2005 from 70.5% during fiscal year ended 1971, ... «Wall Street Journal, Jul 15»
3
UK productivity remains subdued but how competitive is Britain?
Net domestic product measures show the UK in a slightly more favourable light. In other words, countries with a larger investment share have ... «Director magazine, Jul 15»
4
Peasants and professors
Likewise, if we take net domestic product at factor cost originating in agriculture as a whole (and not just the foodgrain sector) and divide it by ... «Calcutta Telegraph, May 15»
5
Comparing Western UP and Bundelkhand
This kind of availability is pretty consistent with the high net domestic product (NDP) that is generated in this region due to high agricultural and ... «Economic and Political Weekly, May 15»
6
Emigration Figures down, Remittances Likely to Dip
... remittances to Kerala are having a major impact on Kerala's economy. Remittances were 36.3 per cent of the state's net domestic product. «The New Indian Express, May 15»
7
CBSE Class 12 economics: Students heave a sigh of relief
... long answer questions based on deficient demand, budgetary policy, estimation of national income and net domestic product at market price. «Hindustan Times, Mar 15»
8
CBSE Board Exam 2015: Economics paper was a big relief
... questions based deficient demand, budgetary policy, estimation of national income and yet again net domestic product at market price. «India Today, Mar 15»
9
Green Party should make GDP alternatives an election issue
An adjusted measure of economic progress, net domestic product (NDP), is commonly accepted as reflecting a “better” measure of economic ... «The Conversation UK, Feb 15»
10
Service tax on NRI remittance fee fails to see total picture
NRI remittances account 35%, 21%, 13% respectively of the net domestic product of these states. India also backtracked in 2012 on a proposal ... «Gulf Times, Nov 14»

REFERENCE
« EDUCALINGO. Net domestic product [online]. Available <https://educalingo.com/en/dic-en/net-domestic-product>. Apr 2024 ».
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