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 European Commission has forecast Belgium’s debt to rise to 110% of its gross domestic product this year. — ABC News, 2 Nov. 2026

With the exception of inflation, many economic measures remain strong, including gross domestic product growth. — Erin Kay Lockwood, The Conversation, 30 Oct. 2026

In that case, the attackers stole an amount equal to a significant portion of North Korea’s reported annual gross domestic product in a matter of minutes. — Sean Lyngaas, CNN Money, 30 Oct. 2026

Much like in Taiwan — where the company accounts for nearly one-tenth of Taiwan’s gross domestic product — TSMC has become, if not the center of the universe, then at least a galaxy unto itself. — Gaby Del Valle, The Verge, 29 Oct. 2026

Word History

First Known Use

1951, in the meaning defined above