gross domestic product
noun
: the gross national product excluding the value of net income earned abroad
Examples of gross domestic product in a Sentence
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Crunching these numbers, the nonpartisan Committee for a Responsible Federal Budget reckons that the budget and its economic assumptions imply public debt rising to 103% of gross domestic product in 2029 before falling to 94% in 2036.
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Editorial, Boston Herald, 17 Apr. 2026
Hungary is relatively small in terms of population and gross domestic product, but its geopolitical importance resonates 70 years on from the 1956 uprising that was crushed by the Soviet Union’s tanks.
—Lionel Laurent, Twin Cities, 17 Apr. 2026
Though recession fears have grown since the fighting began more than six weeks ago, most economists think the war will have only modest effects on gross domestic product — maybe shaving off a few tenths of a percentage point overall.
—Jeff Cox, CNBC, 15 Apr. 2026
But wealthier consumers are picking up the slack and then some, splurging on luxury and powering gross domestic product growth.
—Fortune, 9 Apr. 2026
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Editorial, Boston Herald, 17 Apr. 2026
Hungary is relatively small in terms of population and gross domestic product, but its geopolitical importance resonates 70 years on from the 1956 uprising that was crushed by the Soviet Union’s tanks.
—Lionel Laurent, Twin Cities, 17 Apr. 2026
Though recession fears have grown since the fighting began more than six weeks ago, most economists think the war will have only modest effects on gross domestic product — maybe shaving off a few tenths of a percentage point overall.
—Jeff Cox, CNBC, 15 Apr. 2026
But wealthier consumers are picking up the slack and then some, splurging on luxury and powering gross domestic product growth.
—Fortune, 9 Apr. 2026
See All Example Sentences for gross domestic product
Cite this Entry
“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 21 Apr. 2026.
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