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

The divergence has helped Taiwan pull ahead of South Korea in gross domestic product per capita in 2025 for the first time in more than two decades, a gap that is expected to widen further this year. — John Liu, CNN Money, 18 Aug. 2026

Total government debt is a hair below $40 trillion, with the public portion of that soon to hit 100% of gross domestic product. — Jeff Cox, CNBC, 18 Aug. 2026

Oil exports make up about 35% of Kazakhstan’s gross domestic product. — Fred Weir, Christian Science Monitor, 13 Aug. 2026

An analyst said the slip in household debt — along with gross domestic product growth under 2% and a softer jobs market — is reflective of a slowing economy. — Cory Smith, Baltimore Sun, 12 Aug. 2026

Word History

First Known Use

1951, in the meaning defined above