Net Domestic Product at Market Price Formula

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Net Domestic Product at Market Price is an economic indicator that measures the value of all goods and services produced within a country's borders during a particular time period, minus depreciation. Check FAQs
NDPmp=GDPmp-D
NDPmp - Net Domestic Product at Market Price?GDPmp - Gross Domestic Product at Market Price?D - Depreciation?

Net Domestic Product at Market Price Example

With values
With units
Only example

Here is how the Net Domestic Product at Market Price equation looks like with Values.

Here is how the Net Domestic Product at Market Price equation looks like with Units.

Here is how the Net Domestic Product at Market Price equation looks like.

23550Edit=25050Edit-1500Edit
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Net Domestic Product at Market Price Solution

Follow our step by step solution on how to calculate Net Domestic Product at Market Price?

FIRST Step Consider the formula
NDPmp=GDPmp-D
Next Step Substitute values of Variables
NDPmp=25050-1500
Next Step Prepare to Evaluate
NDPmp=25050-1500
LAST Step Evaluate
NDPmp=23550

Net Domestic Product at Market Price Formula Elements

Variables
Net Domestic Product at Market Price
Net Domestic Product at Market Price is an economic indicator that measures the value of all goods and services produced within a country's borders during a particular time period, minus depreciation.
Symbol: NDPmp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Gross Domestic Product at Market Price
Gross Domestic Product at Market Price is a measure of the total value of all final goods and services produced within a country's borders during a specific time period.
Symbol: GDPmp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Depreciation
Depreciation refers to the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors.
Symbol: D
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Macroeconomics category

​Go Growth Rate of Money Supply
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​Go Real Effective Exchange Rate
REER=CPIdNEERCPIf
​Go Real Gross Domestic Product Per Capita
RGDPPC=RGTP
​Go Real Wage
RW=NWCPI

How to Evaluate Net Domestic Product at Market Price?

Net Domestic Product at Market Price evaluator uses Net Domestic Product at Market Price = Gross Domestic Product at Market Price-Depreciation to evaluate the Net Domestic Product at Market Price, Net Domestic Product at Market Price is essentially the net value added by all economic activities within a country after accounting for depreciation of capital assets. Net Domestic Product at Market Price is denoted by NDPmp symbol.

How to evaluate Net Domestic Product at Market Price using this online evaluator? To use this online evaluator for Net Domestic Product at Market Price, enter Gross Domestic Product at Market Price (GDPmp) & Depreciation (D) and hit the calculate button.

FAQs on Net Domestic Product at Market Price

What is the formula to find Net Domestic Product at Market Price?
The formula of Net Domestic Product at Market Price is expressed as Net Domestic Product at Market Price = Gross Domestic Product at Market Price-Depreciation. Here is an example- 23550 = 25050-1500.
How to calculate Net Domestic Product at Market Price?
With Gross Domestic Product at Market Price (GDPmp) & Depreciation (D) we can find Net Domestic Product at Market Price using the formula - Net Domestic Product at Market Price = Gross Domestic Product at Market Price-Depreciation.
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