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 show’s first season alone contributed $125 million to California’s gross domestic product, according to an estimate from Oxford Economics. —

Samantha Masunaga, Los Angeles Times, 30 June 2026 Domestic manufacturers contribute nearly $3 trillion in economic output, accounting for about 10 percent of gross domestic product and employing well over 12 million workers. —

Timothy Templet, Fortune, 27 June 2026 Earnings from Israel made up nearly a quarter of the West Bank’s gross domestic product, generating income for households, local markets, and the government’s tax base. —

Nirit Peled, New Yorker, 26 June 2026 Once shipped, the products are included in gross domestic product (GDP) calculations. —

Doug Ashburn, Encyclopedia Britannica, 26 June 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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Browse Nearby Words

grossbeak

gross domestic product

grossen

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Cite this Entry

Style

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 5 Jul. 2026.

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