What is the relationship between gdp, gnp, pn, ppp?

1. GDP is the Gross Domestic Product, which tells us the total income of a country and its total expenditure on the output of products and services. It refers to the final results of production and business activities and the value of labor provided by all residents in a country or region territorial scope in a certain period of time. It is a comprehensive indicator of economic activity, and its growth rate is also the rate of economic growth. gdp consists of the added value of the primary industry, the secondary industry and the tertiary industry, and the added value of the three industries is summed up as the gdp.

2. gnp is the gross national product, and we add factor incomes (wages, profits and rents) we get from other countries and subtract the factor incomes paid to the rest of the world: gnp=gdp. payments: GNP = GDP + factor income from abroad - factor payments to abroad GDP measures the total income produced at home and GNP measures the total income earned by nationals (residents of a country). For example, if a Japanese resident owns an apartment building in New York, the rental income he earns is part of U.S. GDP because this income is earned in the United States. However, since this rental income is a factor payment to a foreign country, it is not part of U.S. GNP.

3. NDP is net national production, which is obtained by subtracting from GNP the amount of capital depreciation - the amount by which the stock of plant, equipment and housing in the economy wears out over the course of a year. That is, NDP = GNP - depreciation.

4. NI, short for National Income, is the sum of the monetary value of wages, profits, interest and land rent, i.e., the total income received by a country in a year from all the factors of production used in production, etc. That is, NI = NDP - corporate indirect taxes.

5. PI is personal income, i.e., the amount of income received by households and unincorporated businesses. i.e., PI=NI-Corporate Profits-Social Security Taxes-Net Interest+Dividends+Government Transfers to Individuals+Personal Interest Income.

6, DPI ( Disposable Personal Income ), that is, personal disposable income, NI summarizes the total income of all people in a society, but total income is not equal to disposable income. A person's total income for a month to be deducted from the housing fund, medical insurance premiums and personal income tax; in addition, he will also have some additional income, such as housing and special allowances issued by the state, etc., after these additions and subtractions after the money is the person can be freely disposable income. Disposable personal income (DPI) is the amount of money that is deducted from NI, i.e. DPI: NI - social insurance premiums, business profits, retained profits, personal income tax, state transfers, enterprise transfers, and others.

7, NT ( Net Taxes ) that is, the abbreviation of net taxes, is the government's total tax revenue minus transfer payments. It is related to CDP as DI= GDP - NT.