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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
There's a slew of economic data on Thursday, including the third read on second-quarter gross domestic product, durable goods orders, and existing home sales. Jeff Marks, CNBC, 24 Sep. 2025 And according to an analysis from the Wharton School, the president’s alma mater, a long-term crackdown on immigration could shrink the economy by up to 1% of gross domestic product and depress wages for the typical American worker. Jamelle Bouie, Mercury News, 20 Sep. 2025 Neighboring Taiwan plans to boost military spending by a fifth in 2026 to more than three percent of its gross domestic product. Kapil Kajal, Interesting Engineering, 16 Sep. 2025 Economic growth in the second quarter, as measured by gross domestic product, also came in stronger than expected. John Towfighi, CNN Money, 14 Sep. 2025 See All Example Sentences for gross domestic product

Word History

First Known Use

1951, in the meaning defined above

Time Traveler
The first known use of gross domestic product was in 1951

Browse Nearby Words

See all Nearby Words

Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 3 Oct. 2025.

More from Merriam-Webster on gross domestic product

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!