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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Georgia’s gross domestic product has surged over the last 10 years, with an increase of nearly $3 billion. Claire Carter, The Washington Examiner, 6 Jan. 2026 Venezuela’s gross domestic product fell from $373 billion in 2012 to just over $100 billion last year. Dan Horn, Cincinnati Enquirer, 6 Jan. 2026 An August 2025 study deemed Austin the biggest boomtown in the country, with significant jumps in population, housing units and gross domestic product (GDP) growth. Alexis Simmerman, Austin American Statesman, 5 Jan. 2026 From 2012 to last year, Venezuela's gross domestic product shrank by nearly 80%, according to figures from the International Monetary Fund. Jorge Valencia, NPR, 5 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

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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 11 Jan. 2026.

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