Annual change in net material product in select COMECON countries 1970-1990

Annual change in net material product (NMP) in Eastern European COMECON countries from 1970 to 1990

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Release date

1993

Region

Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia, German Democratic Republic, CEE

Survey time period

1970 to 1990

Supplementary notes

*Net Material Product (NMP) was the main key economic indictor used in planned economies throughout the twentieth century (Soviet/COMECON states). NMP is calculated in a similar way to GDP, however NMP focuses on tangible output and excludes many of the factors included in GDP, such as the output of service sectors, and spending on healthcare, state administration, and defense.

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Statistics on " Eastern bloc economies in the Cold War "

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