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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This is greater than the gross domestic products of Japan and India combined, according to most recent World Bank data. Eleanor Nash, Kansas City Star, 17 Mar. 2026 According to the Illinois Manufacturers’ Association, manufacturing is the largest contributor of any industry to the state’s gross domestic product, supporting nearly a third of all jobs in Illinois and contributing more than $580 billion to the state’s economy each year. Mike Danahey, Chicago Tribune, 17 Mar. 2026 Sunday’s inaugural Java House Grand Prix of Arlington street race in the Arlington Entertainment District has replaced TMS in the key D-FW market, which is ranked fifth nationally in gross domestic product. John Sturbin, Dallas Morning News, 15 Mar. 2026 Coal accounts for less than two-hundredths of gross domestic product. Business Columnist, Los Angeles Times, 5 Mar. 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 22 Mar. 2026.

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