Capital Depreciation

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August 25, 2024 3 min read Definitions
Net Domestic Product: The Measure of a Nation's Economic Health
Economics Finance Net Domestic Product GDP Economic Indicators Capital Depreciation National Accounts
Net Domestic Product (NDP) is the gross domestic product (GDP) less the depreciation of a country's capital goods. It indicates the economic obsolescence and the capital spending required to maintain the GDP.
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