GDP and NMP For USSR 1980-1990
GDP began to be calculated in the USSR in 1988, based essentially on the United Nations System of National Accounts. The table compares the new GDP estimates with the traditional NMP numbers (in billions of current rubles). GDP is seen to be 25%-30% higher than NMP due to depreciation and the "non-productive" service sectors included in GDP but not in NMP.
Indicator | 1980 | 1985 | 1990 |
---|---|---|---|
GDP | 619 | 777 | 1000 |
NMP | 462.2 | 578.5 | 700.6 |
NMP in % of GDP | 75 | 74 | 70 |
- Source: Narodnoye khoziaystvo SSSR 1990, statistical yearbook of the USSR, p. 5.
Read more about this topic: Net Material Product