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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But wealthier consumers are picking up the slack and then some, splurging on luxury and powering gross domestic product growth. Fortune, 9 Apr. 2026 But wealthier consumers are picking up the slack and then some, splurging on luxury and powering gross domestic product growth. Patrick Van Esch, The Conversation, 8 Apr. 2026 Since 2011, Syria has lost 85 percent of its gross domestic product; 90 percent of the population is poor and relies on black-market imports from Turkey. Alvaro Vargas Llosa, Oc Register, 26 Mar. 2026 The report estimates that without the region’s close to 500,000 migrant workers, the Bay Area’s economy could take a $67 billion hit to its annual gross domestic product. Sara Dinatale, San Francisco Chronicle, 25 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 12 Apr. 2026.

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