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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My trusty spreadsheet compared county-level gross domestic product stats for 2024, the latest available, and 2001, the oldest numbers in the dataset, to identify the Golden State’s hottest business climates. Jonathan Lansner, Oc Register, 9 May 2026 Diamonds account for around 80% of Botswana’s exports and a quarter of its gross domestic product, according to the International Monetary Fund. ABC News, 8 May 2026 That was reflected in the first lady’s familiar language of gross domestic product growth and shoutouts to the tech billionaires who stand to reap significant financial rewards. Randi Weingarten, Fortune, 6 May 2026 More than a quarter of Florida’s gross domestic product came from the real estate industry in 2025. Catherine Odom, Miami Herald, 6 May 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 May. 2026.

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