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
The past several days have seen many of the leading forecasting firms mark down their outlook for gross domestic product while upping their expectations for unemployment and inflation.
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Jeff Cox, CNBC, 7 Apr. 2025
The probability of a global recession increased from 40% to 60%; gross domestic product will contract 0.3% in the fourth quarter of 2025 and unemployment will rise to 5.3% in 2026, according to a note from JPMorgan’s head of economic research Bruce Kasman featured by the Journal.
—Peter Cohan, Forbes.com, 6 Apr. 2025
Lesotho, with a gross domestic product of a little over $2 billion, exported more than 10% of that figure to the U.S. in 2024, totaling $237 million.
—John Bacon, USA Today, 3 Apr. 2025
As economic pressures continue to mount, Iowa's gross domestic product dropped in the most recent quarter, one of just two states to post negative growth, according to the Bureau of Economic Analysis.
—Jason D. Greenblatt, MSNBC Newsweek, 2 Apr. 2025
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Jeff Cox, CNBC, 7 Apr. 2025
The probability of a global recession increased from 40% to 60%; gross domestic product will contract 0.3% in the fourth quarter of 2025 and unemployment will rise to 5.3% in 2026, according to a note from JPMorgan’s head of economic research Bruce Kasman featured by the Journal.
—Peter Cohan, Forbes.com, 6 Apr. 2025
Lesotho, with a gross domestic product of a little over $2 billion, exported more than 10% of that figure to the U.S. in 2024, totaling $237 million.
—John Bacon, USA Today, 3 Apr. 2025
As economic pressures continue to mount, Iowa's gross domestic product dropped in the most recent quarter, one of just two states to post negative growth, according to the Bureau of Economic Analysis.
—Jason D. Greenblatt, MSNBC Newsweek, 2 Apr. 2025
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 11 Apr. 2025.
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