GDPmannoosi
GDPmannoosi is an expanded macroeconomic indicator designed to complement gross domestic product (GDP) by incorporating the estimated value of non-market activities, informal economic output, and environmental costs. The metric aims to present a broader view of economic performance and living standards, highlighting sustainability alongside growth. The term derives from the Mannoosi adjustment, a component of the framework used to balance market activity with social and ecological factors.
Calculation and components: GDPmannoosi is calculated by adjusting real GDP with three additive elements and deductions.
Applications and limitations: The metric is used in comparative policy analysis, sustainability reporting, and scenario planning
See also: Gross domestic product, green GDP, inclusive wealth, non-market valuation.