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

The third reading of real gross domestic product is due. — Jason Gewirtz, CNBC, 25 June 2026

Trump has also pressed NATO members to raise defense spending to 5% of their gross domestic product. — Michel Martin, NPR, 25 June 2026

Once shipped, the products are included in gross domestic product (GDP) calculations. — Doug Ashburn, Encyclopedia Britannica, 26 June 2026

Earnings from Israel made up nearly a quarter of the West Bank’s gross domestic product, generating income for households, local markets, and the government’s tax base. — Nirit Peled, New Yorker, 26 June 2026

Word History

First Known Use

1951, in the meaning defined above