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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The island of Manhattan, home base for many of America’s financial and corporate powerhouses including Wall Street, had a gross domestic product of just over $1 trillion in 2024. Chris Isidore, CNN Money, 6 June 2026 The expanding bloc, which also counts South Africa, Egypt, Ethiopia, Saudi Arabia, the United Arab Emirates and Indonesia as members, accounts for about 40 percent of global gross domestic product and around 26 percent of worldwide trade. Kate Nishimura, Footwear News, 2 June 2026 According to Rubio, approximately 70% of Cuba’s gross domestic product falls under GAESA’s control, while the organization itself controls between $14 billion and $17 billion in assets. Antonio María Delgado, Miami Herald, 2 June 2026 About a third of Russia’s gross domestic product currently goes to the war effort, Martelius said. Emma Burrows, Fortune, 30 May 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 14 Jun. 2026.

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