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 With a population the size of Ohio’s and a slightly smaller gross domestic product, the lack of restraint overshadowing the country’s public finances increasingly resembles that of the world’s biggest economy, but without the impunity that comes with printing the dollar. Craig Stirling, Fortune Europe, 9 May 2024 As for Oakland County, the news is mostly bullish for an area that has a total economic impact — called gross domestic product, or GDP — that's greater than the GDP of 14 entire U.S. states, and which outstrips the GDP of many small countries. Bill Laytner, Detroit Free Press, 8 May 2024 See all Example Sentences for gross domestic product 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gross domestic product.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1951, in the meaning defined above

Time Traveler
The first known use of gross domestic product was in 1951

Dictionary Entries Near gross domestic product

Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 14 May. 2024.

More from Merriam-Webster on gross domestic product

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