NATIONAL INCOME OF INDIA
(GDP,GNP,NNP)
CONTENTS
• Introduction to National Income of India. • Basic concept in National Income. • Gross Domestic Product (GDP)Introduction, definition, formula….. • GDP- Per Capita. • India’s GDP growth rate & Statistics. • Gross National Product (GNP)Introduction, definition, formula…..
Continued….
• GNP- Per Capita • Net National Product (NNP)Introduction, definition, formula…….
National Income is the money value of all the final goods and services produced by a country during a period of one year. National Income consists of a collection of different types of goods and services of different types.
National Income Of India
GROSS DOMESTI C PRODUC T (GDP) GROSS NATIONAL PRODUC T (GNP) NET NATIONAL PRODUC T (NNP)
DEFINITIO N
GROSS DOMESTIC PRODUCT (GDP)
“GDP is equal to the total expenditure for all final goods and services produced within the country in a particular period of time.(Usually a 365-day year)” “GDP is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on product, in the
HOW TO CALCULATE GDP???
Is any formula to calculate GDP???
FORMULA:
GDP= C+I+G+(X-M)
Where, C = Consumer Spending. I = Gross Investment G = Government Spending X = Exports M = Imports
GROSS DOMESTIC PRODUCT
PER CAPITA
The GDP per capita is the value of all final goods and services produced within a nation in given year divided by the average population for the same year.
We can say that, GDP per capita is a income of each and every citizen of that country.
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
1 2 3 4 5 6 7 8 9 10
State/Union Territory
Maharashtra Uttar Pradesh Andhra Pradesh Tamil Nadu Gujarat West Bengal Karnataka Rajasthan Kerala Madhya Pradesh
Region
West North South South West East South North South North
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
112,373 199,581 84,666 72,139 60,384 91,348 61,131 68,621 33,388 72,598 901,330 519,899 475,267 464,009 429,356 400,561 335,747 255,440 230,316 216,958 $190.31 $109.77 $100.35 $97.97 $90.65 $84.57 $70.89 $53.93 $48.63 $45.81 14.46% 8.34% 7.63% 7.45% 6.89% 6.43% 5.39% 4.10% 3.70% 3.48%
74,027
23,132
51,025
62,499
63,961
41,469
50,676
34,189
59,179
27,250
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
11 12 13 14 15 16 17 18 19 20
State/Union Territory
Haryana Punjab Bihar Orissa Chhattisgarh Jharkhand Assam Uttrakhand Himachal Pradesh Jammu & Kashmir
Region
North North East East East East North-East North North North
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
25,353 27,704 103,804 41,947 25,540 32,966 31,169 10,117 6,856 12,549 216,287 199,459 168,603 162,327 109,823 106,358 92,472 62,214 43,281 43,236 $45.67 $42.11 $35.60 $34.27 $23.19 $22.46 $19.52 $13.14 $9.14 $9.13 3.47% 3.20% 2.71% 2.61% 1.76% 1.71% 1.48% 1.00% 0.69% 0.69%
78,781
62,153
16,119
33,226
38,059
30,719
27,197
55,877
50,365
30,582
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
21 22 23 24 25 26
State/Union Territory
Goa Tripura Meghalaya Manipur Nagaland Arunachal Pradesh
Region
West South North-East North-East North-East North-East
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
1,458 3,671 2,964 2,722 1,981 1,383 25,882 14,604 12,502 8,687 7,508 7,241 $5.46 $3.08 $2.64 $1.83 $1.59 $1.53 0.42% 0.23% 0.20% 0.14% 0.12% 0.12%
132,719
35,799
42,601
28,531
21,434
51,644
27
28
Mizoram
Sikkim
North-East
North-East
India's Total GSDP India's Total GDP
1091
608
5,633
3,475
5,772,948 6,231,171
$1.19
$0.73
0.09%
0.06%
45,982
48,937
$1,218.91 92.60% $1,315.66
GROSS NATIONAL PRODUCT (GNP)
Gross National Product. GNP is the total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located in abroad) , minus income of non-residents located in that country.
Basically, GNP measures the value of goods & services that country’s citizens produced regardless of their location.
HOW TO CALCULATE GNP???
Is any formula to calculate GNP???
Formula of calculating GNP!!!
?
GNP = GDP+ NFIA – INRI.
Here, GNP = Gross National Product. GDP = Gross Domestic Product. NFIA = Net Factor Income from Aboard. INRI = Income of Non-Resident of India.
Gross National Product
Per Capita “The rupee value of a country’s final output of goods and services in a year (its GNP) divided by it’s population.”
“Net National Product is the total market value of all final goods and services produced by residents in a country or other polity during a given time period (Gross National Product or GNP) minus depreciation.”
HOW TO CALCULATE NNP???
Is any formula to calculate NNP???
NNP = GDP - depreciation
The net domestic product (NDP) is the equivalent application of NNP within macroeconomics. NNP=NDP So, NDP= GDP- depreciation.
doc_257531140.pptx
(GDP,GNP,NNP)
CONTENTS
• Introduction to National Income of India. • Basic concept in National Income. • Gross Domestic Product (GDP)Introduction, definition, formula….. • GDP- Per Capita. • India’s GDP growth rate & Statistics. • Gross National Product (GNP)Introduction, definition, formula…..
Continued….
• GNP- Per Capita • Net National Product (NNP)Introduction, definition, formula…….
National Income is the money value of all the final goods and services produced by a country during a period of one year. National Income consists of a collection of different types of goods and services of different types.
National Income Of India
GROSS DOMESTI C PRODUC T (GDP) GROSS NATIONAL PRODUC T (GNP) NET NATIONAL PRODUC T (NNP)
DEFINITIO N
GROSS DOMESTIC PRODUCT (GDP)
“GDP is equal to the total expenditure for all final goods and services produced within the country in a particular period of time.(Usually a 365-day year)” “GDP is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on product, in the
HOW TO CALCULATE GDP???
Is any formula to calculate GDP???
FORMULA:
GDP= C+I+G+(X-M)
Where, C = Consumer Spending. I = Gross Investment G = Government Spending X = Exports M = Imports
GROSS DOMESTIC PRODUCT
PER CAPITA
The GDP per capita is the value of all final goods and services produced within a nation in given year divided by the average population for the same year.
We can say that, GDP per capita is a income of each and every citizen of that country.
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
1 2 3 4 5 6 7 8 9 10
State/Union Territory
Maharashtra Uttar Pradesh Andhra Pradesh Tamil Nadu Gujarat West Bengal Karnataka Rajasthan Kerala Madhya Pradesh
Region
West North South South West East South North South North
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
112,373 199,581 84,666 72,139 60,384 91,348 61,131 68,621 33,388 72,598 901,330 519,899 475,267 464,009 429,356 400,561 335,747 255,440 230,316 216,958 $190.31 $109.77 $100.35 $97.97 $90.65 $84.57 $70.89 $53.93 $48.63 $45.81 14.46% 8.34% 7.63% 7.45% 6.89% 6.43% 5.39% 4.10% 3.70% 3.48%
74,027
23,132
51,025
62,499
63,961
41,469
50,676
34,189
59,179
27,250
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
11 12 13 14 15 16 17 18 19 20
State/Union Territory
Haryana Punjab Bihar Orissa Chhattisgarh Jharkhand Assam Uttrakhand Himachal Pradesh Jammu & Kashmir
Region
North North East East East East North-East North North North
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
25,353 27,704 103,804 41,947 25,540 32,966 31,169 10,117 6,856 12,549 216,287 199,459 168,603 162,327 109,823 106,358 92,472 62,214 43,281 43,236 $45.67 $42.11 $35.60 $34.27 $23.19 $22.46 $19.52 $13.14 $9.14 $9.13 3.47% 3.20% 2.71% 2.61% 1.76% 1.71% 1.48% 1.00% 0.69% 0.69%
78,781
62,153
16,119
33,226
38,059
30,719
27,197
55,877
50,365
30,582
Economy of the Federal States for Year 2010 & Population for Year 2011
Financial Year 2010
State Rank
21 22 23 24 25 26
State/Union Territory
Goa Tripura Meghalaya Manipur Nagaland Arunachal Pradesh
Region
West South North-East North-East North-East North-East
Population Indian %age of Per-capita US Dollar (2011) in Rupee (Ten Total Income (Billion) 000 Million) GDP (INR)
1,458 3,671 2,964 2,722 1,981 1,383 25,882 14,604 12,502 8,687 7,508 7,241 $5.46 $3.08 $2.64 $1.83 $1.59 $1.53 0.42% 0.23% 0.20% 0.14% 0.12% 0.12%
132,719
35,799
42,601
28,531
21,434
51,644
27
28
Mizoram
Sikkim
North-East
North-East
India's Total GSDP India's Total GDP
1091
608
5,633
3,475
5,772,948 6,231,171
$1.19
$0.73
0.09%
0.06%
45,982
48,937
$1,218.91 92.60% $1,315.66
GROSS NATIONAL PRODUCT (GNP)
Gross National Product. GNP is the total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located in abroad) , minus income of non-residents located in that country.
Basically, GNP measures the value of goods & services that country’s citizens produced regardless of their location.
HOW TO CALCULATE GNP???
Is any formula to calculate GNP???
Formula of calculating GNP!!!
?
GNP = GDP+ NFIA – INRI.
Here, GNP = Gross National Product. GDP = Gross Domestic Product. NFIA = Net Factor Income from Aboard. INRI = Income of Non-Resident of India.
Gross National Product
Per Capita “The rupee value of a country’s final output of goods and services in a year (its GNP) divided by it’s population.”
“Net National Product is the total market value of all final goods and services produced by residents in a country or other polity during a given time period (Gross National Product or GNP) minus depreciation.”
HOW TO CALCULATE NNP???
Is any formula to calculate NNP???
NNP = GDP - depreciation
The net domestic product (NDP) is the equivalent application of NNP within macroeconomics. NNP=NDP So, NDP= GDP- depreciation.
doc_257531140.pptx