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 lynchpin to it all is recognizing that 69% of gross domestic product, a rough though imperfect measure of the economy, is consumer spending. Erik Sherman, Forbes.com, 29 Jan. 2026 Using gross domestic product as the scorecard, my trusty spreadsheet compared fresh state-level data for the third quarter of 2025 from the Bureau of Economic Analysis with 2025 business output estimates for countries compiled by the International Monetary Fund, released in October. Jonathan Lansner, Oc Register, 29 Jan. 2026 Yet even under the best conditions, a growing body of evidence shows that the absolute decoupling of gross domestic product (GDP) from environmental degradation—growing the economy while simultaneously reducing resource use, biodiversity loss, waste, and pollution—is impossible. Olivier De Schutter, Time, 27 Jan. 2026 The agreement represents about 25% of global gross domestic product and about a third of global trade. Tasmin Lockwood,chloe Taylor,holly Ellyatt, CNBC, 27 Jan. 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

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 1 Feb. 2026.

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!