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.
The Africa Transport Policy Program research group estimated in an April report that the economic loss from road crashes is up to 3 percent of gross domestic product in most African countries. Robert Birsel, MSNBC Newsweek, 22 Oct. 2025 Before the pandemic, government debt was 84% of global gross domestic product. Editorial, Boston Herald, 19 Oct. 2025 Poor fire and building safety standards lead to dozens of such disasters in Bangladesh each year, and past accidents have tarnished the South Asian country’s garments sector, which employs 4 million people and makes up more than 10% of the gross domestic product. Reuters, NBC news, 15 Oct. 2025 On the other, gross domestic product growth remains strong and there remain concerns over inflation, which is still running considerably higher than the Fed’s 2% goal. Jeff Cox, CNBC, 10 Oct. 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

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Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 24 Oct. 2025.

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