gross domestic product
noun
: the gross national product excluding the value of net income earned abroad
Examples of gross domestic product in a Sentence
Recent Examples on the Web
Under a baseline scenario that assumes the economy will keep growing around the current pace, Japan will see its per-capita gross domestic product (GDP) rise just 6.2% in 2060, the Cabinet Office's estimates showed.
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Fox News, 2 Apr. 2024
Remittances, for instance, make up about 31% of Honduras' gross domestic product.
—Sergio Martínez-Beltrán, NPR, 29 Mar. 2024
As a share of gross domestic product, today’s effort is bigger than infrastructure spending under the New Deal and the most spent in the last half-century.
—Laurent Belsie, The Christian Science Monitor, 29 Mar. 2024
High tech could account for 19% of China's gross domestic product in 2026, according to Bloomberg, up from about 14.3% of GDP in 2023.
—John Kell, Fortune, 27 Mar. 2024
According to the World Bank, China’s gross domestic product per capita has stagnated at about $12,700 (compared with more than $76,000 in the United States).
—Christina Knight, The Atlantic, 23 Mar. 2024
At the end of January, public sector debt surpassed £2.6 trillion ($3.3 trillion), according to the ONS, a level not seen since the early 1960s and almost the same size as the nation’s annual gross domestic product.
—Hanna Ziady, CNN, 6 Mar. 2024
Consumer spending accounts for just 40 percent of gross domestic product (GDP) compared with roughly 70 percent in the United States.
—David J. Lynch, Washington Post, 18 Mar. 2024
Her Advanced Placement economics course covers such topics as supply and demand, monetary policy, inflation, unemployment, gross domestic product, the peaks and recessions of the business cycle, fiscal policy and the Federal Reserve.
—Howard Blume, Los Angeles Times, 13 Mar. 2024
Fox News, 2 Apr. 2024
Remittances, for instance, make up about 31% of Honduras' gross domestic product.
—Sergio Martínez-Beltrán, NPR, 29 Mar. 2024
As a share of gross domestic product, today’s effort is bigger than infrastructure spending under the New Deal and the most spent in the last half-century.
—Laurent Belsie, The Christian Science Monitor, 29 Mar. 2024
High tech could account for 19% of China's gross domestic product in 2026, according to Bloomberg, up from about 14.3% of GDP in 2023.
—John Kell, Fortune, 27 Mar. 2024
According to the World Bank, China’s gross domestic product per capita has stagnated at about $12,700 (compared with more than $76,000 in the United States).
—Christina Knight, The Atlantic, 23 Mar. 2024
At the end of January, public sector debt surpassed £2.6 trillion ($3.3 trillion), according to the ONS, a level not seen since the early 1960s and almost the same size as the nation’s annual gross domestic product.
—Hanna Ziady, CNN, 6 Mar. 2024
Consumer spending accounts for just 40 percent of gross domestic product (GDP) compared with roughly 70 percent in the United States.
—David J. Lynch, Washington Post, 18 Mar. 2024
Her Advanced Placement economics course covers such topics as supply and demand, monetary policy, inflation, unemployment, gross domestic product, the peaks and recessions of the business cycle, fiscal policy and the Federal Reserve.
—Howard Blume, Los Angeles Times, 13 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gross domestic product.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near gross domestic product
Cite this Entry
“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 18 Apr. 2024.
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