How to Use gross domestic product in a Sentence

gross domestic product

noun

• That’s more than the gross domestic product of most of the world’s countries.
  — Todd Spangler, Variety, 30 June 2023
• For the full year, gross domestic product grew 2.1 percent.
  — Harold Maass, The Week, 27 Jan. 2023
• Gates called for countries to donate 0.7% of their gross domestic product to aid.
  — Francine Lacqua, Fortune, 16 Jan. 2024
• As a country, the US spends more on health care than any other high-income country in the world—on the basis of both per-person costs and a share of gross domestic product.
  — Beth Mole, Ars Technica, 31 Jan. 2023
• Spanish gross domestic product on Friday is the first from the area’s key members showing what happened in the third quarter.
  — Vince Golle, Fortune, 22 Oct. 2023
• The state’s statutory spending cap would be set to an average of 11.5% of the state’s gross domestic product over the preceding five years.
  — James Brooks, Anchorage Daily News, 14 Jan. 2023
• This lower figure — $26.9 trillion — is roughly equal in size to the U.S. gross domestic product.
  — Fatima Hussein, Fortune, 3 Jan. 2024
• Forecasters expect gross domestic product to fall over the second and third quarters of this year, the survey found.
  — Max Zahn, ABC News, 7 Feb. 2023
• Moore argued the state’s gross domestic product grew at half the pace of the nation’s for the past decade because other states made strategic investments that Maryland did not.
  — Erin Cox, Washington Post, 19 Aug. 2023
• Monday’s figures showed that gross domestic product rose less than 1% from the first quarter, while retail sales for June rose less than forecast.
  — Christopher Condon, Fortune, 17 July 2023
• The central bank now projects gross domestic product to grow 3% this year, up from its previous estimate of 2.3%.
  — Anthony Harrup, WSJ, 30 Aug. 2023
• The value of high-growth, disruptive tech companies is equivalent to about 7.3% of the U.S. gross domestic product.
  — Raphaelle D’ornano, Fortune, 7 Feb. 2024
• Peru is the second-largest copper exporter in the world and mining accounts for almost 10% of its gross domestic product and 60% of its exports.
  — Regina Garcia Cano, ajc, 10 Dec. 2022
• If the forecast is realised, the tourism industry would represent about 12.2% of Spain's gross domestic product.
  — Fox News, 17 Jan. 2023
• By 2037, world gross domestic product will have doubled as developing economies catch up with the richer ones.
  — Arkansas Online, 27 Dec. 2022
• Last year, Russia recorded a deficit equaling 2.3% of gross domestic product.
  — Georgi Kantchev, WSJ, 6 Feb. 2023
• According to Ukraine’s own estimates, the country’s gross domestic product (GDP) fell by nearly a third in 2022.
  — Alex Holmes, NBC News, 21 June 2023
• The gross domestic product will grow by 1.3%, roughly half the typical historical pace of 2.5%.
  — Brenda Richardson, Forbes, 19 Dec. 2022
• For context, North Korea's gross domestic product hovers around the $29 billion mark.
  — Matthew Humphries, PCMAG, 2 Feb. 2023
• As a share of gross domestic product, today’s effort is bigger than infrastructure spending under the New Deal and the most spent in the last half-century.
  — Laurent Belsie, The Christian Science Monitor, 29 Mar. 2024
• Japan slipped behind Germany in 2023 to become the world’s fourth-largest economy, based on its nominal gross domestic product, or GDP.
  — Yuri Kageyama, Quartz, 21 Feb. 2024
• The stoppage threatens to destabilize an industry that makes up about 3 percent of the nation’s gross domestic product.
  — Ellen Francis, Washington Post, 15 Sep. 2023
• Instead of looking at the bottom line number, many economists prefer look at the amount of debt America holds versus the size of its gross domestic product.
  — Joel Mathis, The Week, 22 Feb. 2023
• Even so, the pace of new home sales so far this quarter has been higher than in the second, and that in turn means housing construction will likely provide a boost to third-quarter growth in gross domestic product.
  — Justin Lahart, WSJ, 26 Sep. 2023
• In absolute terms, the staggering loss of $10.1 trillion equates roughly to the annual gross domestic product of Germany, the U.K., and France combined.
  — Christiaan Hetzner, Fortune, 1 Mar. 2023
• The Fed also will release its latest projections for gross domestic product growth, the job market and consumer prices Wednesday.
  — Paul R. La Monica, CNN, 11 Dec. 2022
• The World Economic Forum reckons that more than half of the global gross domestic product, about $44 trillion, relies to some extent on nature.
  — Nick Studer, Fortune, 26 Jan. 2023
• The country’s gross domestic product expanded by a better-than-expected 4.9% in the third quarter, according to the NBS on Wednesday.
  — Laura He, CNN, 19 Oct. 2023
• The gross domestic product figure released Tuesday for the fiscal third quarter shows a slowing of growth compared with the preceding two quarters.
  — Vibhuti Agarwal, WSJ, 28 Feb. 2023
• The remarks came as part of an interview following the latest gross domestic product report.
  — Zachary Halaschak, Washington Examiner, 26 Oct. 2023

Last Updated: 3 May 2024