net domestic product

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Net Domestic Product

A country or other geographical unit's gross domestic product less the collective depreciation on its capital assets. For example, the net domestic product may calculate the depreciation on all the factories in a country. In order for an economy to grow, the gross domestic product must exceed the net domestic product; otherwise, this indicates that depreciation on capital assets is outpacing other economic growth.

net domestic product

the money value of a nation's annual output of goods and services less CAPITAL CONSUMPTION experienced in producing that output. See NATIONAL INCOME ACCOUNTS.
References in periodicals archive ?
Ontario NDP leader from 1970 to 1978, Stephen Lewis was stridently anti-Palestinian.
In Parkersburg, West Virginia, the NDP gathering will be held at noon Thursday in Bicentennial Park.
Lepine also believes that NDP leader Thomas Mulcair captured support by participating in the Assembly of First Nations' leadership debate, held on Enoch Cree Nation.
This is a position the NDP has been too afraid to take, choosing instead a cynical approach to the debt-taxation balance precisely because they could not square their desire to expand social programs, keep debt low and not tax the nearly-oppressed rich.
It's embarrassing when MP Scott Reid, who had worked for Paul Martin, writes, "The NDP learned exactly nothing from the ill-advised campaign pledge to deliver balanced budgets.
All of this means that it will be CAW leaders and activists who had adhered to recent CAW political positions who will be the ones depositing their politics in a memory hole, strongly encouraged to become born-again NDP supporters, if hot members.
Frontrunner Thomas Mulcair, who helped orchestrate the NDP breakthrough in Quebec, raised the most money and earned the most endorsements during a leadership campaign that took him from a buckwheat pancake festival in Lewisville, New Brunswick to a Saint Patrick s Day parade in Montreal.
Mubarak and the NDP are blamed by Egyptians for the rampant corruption during his 30-year rule, and high levels of poverty and poor living conditions.
Many former NDP members have registered to run as independents or on other
The administrative court in the northern Delta city of Mansoura decided late on Thursday that members of the NDP should not be allowed to join the list of candidates.
It is illogical to consider the disbanded NDP a symbolic character when the real people who corrupted political life in Egypt are the members of this party.
Her position placed her in conflict with both official NDP policy and party leader Jack Layton, who described same-sex marriage as a human rights issue and ruled that caucus members would not be permitted a free vote on matters of equality.