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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Exports and inventories data a day earlier will give economists reference material to fine-tune their gross domestic product estimates.
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Sasha Rogelberg, Fortune, 2 June 2024
As a fraction of the entire economy over the next 75 years, the Social Security funding gap is tiny: just 1.2 percent of gross domestic product.
—Jeff Sommer, New York Times, 31 May 2024
The eurozone has shown no significant increase in gross domestic product in four years.
—Sasha Rogelberg, Fortune Europe, 31 May 2024
The economy grew at a lower-than-expected 1.6% rate in the first quarter of 2024, according to the most recent gross domestic product data from the Bureau of Economic Analysis.
—Christopher Decker, The Conversation, 15 May 2024
See all Example Sentences for gross domestic product 
Sasha Rogelberg, Fortune, 2 June 2024
As a fraction of the entire economy over the next 75 years, the Social Security funding gap is tiny: just 1.2 percent of gross domestic product.
—Jeff Sommer, New York Times, 31 May 2024
The eurozone has shown no significant increase in gross domestic product in four years.
—Sasha Rogelberg, Fortune Europe, 31 May 2024
The economy grew at a lower-than-expected 1.6% rate in the first quarter of 2024, according to the most recent gross domestic product data from the Bureau of Economic Analysis.
—Christopher Decker, The Conversation, 15 May 2024
See all Example Sentences for gross domestic product
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gross domestic product.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 7 Jun. 2024.
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