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Net material product

Net Material Product (NMP) was the main macroeconomic indicator used for monitoring growth in national accounts of socialist countries during the Soviet era. These countries included the USSR and all the Comecon members. NMP is the conceptual equivalent of Gross Domestic Product (GDP) in the United Nations System of National Accounts, although numerically the two measures are calculated differently.

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. :Source: Narodnoye khoziaystvo SSSR 1990, statistical yearbook of the USSR, p. 5. ==NMP growth for Comecon countries==
NMP growth for Comecon countries
Change in NMP (in constant prices) 1980–1990 (in percent of 1980) :Source: Statistical Yearbook of Comecon Countries 1989, Table 21, p. 59. ==See also==
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