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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France has faced spiralling national debt that reached three trillion euros earlier this year—or 114% of the country’s gross domestic product. Miranda Jeyaretnam, Time, 10 Sep. 2025 Lula, along with his BRICS counterparts, pointed out the bloc’s growing influence on international trade; BRICS members now account for 40 percent of global gross domestic product (GDP) and 20 percent of worldwide trade—not to mention about half of the planet’s population. Kate Nishimura, Sourcing Journal, 9 Sep. 2025 In June, the heads of NATO's member nations agreed to a goal of spending 5% of gross domestic product on defense and deterrence capabilities—including cyber—by 2035. Jim Richberg, Forbes.com, 8 Sep. 2025 Argentina's reserves at the central bank have also reached their highest levels in two years, bolstered by International Monetary Fund credit, and its gross domestic product has grown at rates that defied predictions from financial institutions. Robert Birsel, MSNBC Newsweek, 8 Sep. 2025 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 Sep. 2025.

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