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
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Manufacturing alone accounts for roughly 15% of global gross domestic product, and logistics for about another 10%—sectors where AI adoption is still early. Stephen Richards Evans, Forbes.com, 4 Aug. 2026 Without adaptation, rising temperatures could shrink South Asia’s gross domestic product by 7 percent by 2050, amounting to the steepest loss among developing regions, according to a new World Bank report published Wednesday. Jasmin Malik Chua, Footwear News, 31 July 2026 Remittances from abroad help anchor the economy, accounting for nearly a third of the gross domestic product. Ismael López, Los Angeles Times, 26 July 2026 Late-match brilliance has become unsurprising from Argentina, a South American country of 47 million that’s 33rd in population and 24th in gross domestic product. Tom Krasovic, San Diego Union-Tribune, 19 July 2026 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 5 Aug. 2026.

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