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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For now, JPMorgan projects that tariffs could result in about a 1% hit to gross domestic product. Sean Conlon, CNBC, 17 Aug. 2025 Last quarter’s gross domestic product, the broadest measure of the US economy, showed a sharp rebound in growth, even though it was filled with warning signs. David Goldman, CNN Money, 12 Aug. 2025 Researchers at Queens College, CUNY, found that undocumented workers in America contributed about $5 trillion of private-sector gross domestic product over the past decade. Tom Zirpoli, Baltimore Sun, 12 Aug. 2025 Most economic forecasters say this year's large revisions have cleared up a disparity between surprisingly resilient job gains and other economic indicators, such as gross domestic product, that have been feeble this year. Joey Garrison, USA Today, 12 Aug. 2025 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 Aug. 2025.

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