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
But California remains a major economic powerhouse, with a gross domestic product of $3.9 trillion, comprising 14% of the U.S. whole.
—
Elizabeth Weise, USA TODAY, 24 Jan. 2025
Without an undocumented workforce, Philip Watson, an economist and researcher at the University of Idaho College of Agriculture and Life Sciences, said the state could lose over $900 million in gross domestic product.
—Rachel Spacek, Idaho Statesman, 24 Jan. 2025
The debt brake limits how much debt the government can take on, and dictates that the size of the federal government’s structural budget deficit must not exceed 0.35% of the country’s annual gross domestic product.
—Sophie Kiderlin, CNBC, 23 Jan. 2025
The annual gap between government spending and revenue surpassed $1.9 trillion last fiscal year, exceeding 6.6 percent of gross domestic product.
—Andrew Duehren, New York Times, 22 Jan. 2025
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Elizabeth Weise, USA TODAY, 24 Jan. 2025
Without an undocumented workforce, Philip Watson, an economist and researcher at the University of Idaho College of Agriculture and Life Sciences, said the state could lose over $900 million in gross domestic product.
—Rachel Spacek, Idaho Statesman, 24 Jan. 2025
The debt brake limits how much debt the government can take on, and dictates that the size of the federal government’s structural budget deficit must not exceed 0.35% of the country’s annual gross domestic product.
—Sophie Kiderlin, CNBC, 23 Jan. 2025
The annual gap between government spending and revenue surpassed $1.9 trillion last fiscal year, exceeding 6.6 percent of gross domestic product.
—Andrew Duehren, New York Times, 22 Jan. 2025
See all Example Sentences for gross domestic product
Dictionary Entries Near 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 30 Jan. 2025.
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