What is Net National Product (NNP)? To represent the difference between gross national product (GNP) and depreciation, a term that is often used is known as Net National Product (NNP). When discussed numerical terms, it can be denoted as the total market value of the goods and services, which are produced by a nation in a specific period with the depreciation subtracted from it. The tool most used by economists to report on the growth and the strength of a nation is NNP. As well as to evaluate a country’s growth against others. It is said to be a useful comparative measurement that can also provide indications of the country’s complete economic state. Regardless of less utilization in recent times, it still
You are here
Home > Posts tagged "Net National Product"