Presentation on Gross domestic product

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Presentation onGross domestic product

• Neeraj Dhiman

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Introduction of GDP

• The gross domestic product is one of the
  measure of national income and output for given
  countrys economy.It is defined as total money
  value produced in domestic territory of country
  during a year. Domestic territory does not mean
  only geographical bondaries of economy.it is
  defined to include the following-
• Territory lying within the political
  frontiers,including territorial water of country.
• Ships and aircraft operated by the resident of
  country.
• Oil and natural gas and floating platform
  operated by the residentes of the country .
• G.D.P CGI(X-M)

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Types of GDP

• The following types of gdp-
• Gross domestic product at current prices and
  constant prices
• Gross domestic product at market price.
• Gross domestic product at factor cost.

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GDP at constant prices and current prices

• When the privailing prices are used for
  measuring gdp,we call it gdp at current price but
  when we use the prices of some base year for
  measuring the value of gdp, we call it gdp at
  contant price.

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GDP at market price

• According is Dernburg Gross domestic product at
  market price is defined as the market value of
  the output of final goods and services produced
  in the domestic territory of a country by all the
  producers during an accounting year.

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Different types of GDP at M.PProduct method
Expenditure method Income method
Net indirect tax
Deprecation
Mixed income
Profit
Interest
Rent
Compensation of employees
C
G
I
X-M
C
G
I
X-M
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GDP AT MARKET PRICE

• g.d.p at market priceg.n.p at market price-net
  factor income from abroad
• Following data of indian economy.
• 
  Rs.crore
• Compensation of employees 49651
• Interest
  10209
• Rent
  4794
• Profit and dividends 6926
• Mixed income
  50416
• Indirect tax
  20092
• Subsidy
  3161
• Depreciation of capital 9751
• Net factor income from abroad 7
• G.D.P at market price
  148671-7
• 
  138920

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GDP at factor cost

• According is Hanson Gross domestic product
  at factor cost is the sum of net value added by
  all the producers in domestic territory of the
  country and the consumption of fixed capital
  during an accounting year.

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GDP at factor cost

• G.D.P of factor costg.d.p of market price-
• Net indirect tax
• 14878-(20092-3161)
• 131747 cr.

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GDP GROWTH RATE
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