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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But by far the most innovative is a provision exempting defense spending up to 1.5% of gross domestic product from the EU’s strict fiscal rules.
—
Daniel Depetris, Chicago Tribune, 25 Mar. 2025
Trump has been advocating for NATO members to ramp up defense spending to 5 percent of their gross domestic product—up from a target of 2 percent set in 2014.
—Daniel R. Depetris, Newsweek, 25 Mar. 2025
According to a 2015 McKinsey report, if gender parity in work were achieved, global gross domestic product (GDP) could rise by $28 trillion.
—Gena Cox, Forbes, 23 Mar. 2025
Declining growth is already a concern: The most recent gross domestic product (GDP) forecasting tool published by the Atlanta Federal Reserve shows negative growth for the first quarter of 2025.
—Nerdwallet, Orange County Register, 20 Mar. 2025
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Daniel Depetris, Chicago Tribune, 25 Mar. 2025
Trump has been advocating for NATO members to ramp up defense spending to 5 percent of their gross domestic product—up from a target of 2 percent set in 2014.
—Daniel R. Depetris, Newsweek, 25 Mar. 2025
According to a 2015 McKinsey report, if gender parity in work were achieved, global gross domestic product (GDP) could rise by $28 trillion.
—Gena Cox, Forbes, 23 Mar. 2025
Declining growth is already a concern: The most recent gross domestic product (GDP) forecasting tool published by the Atlanta Federal Reserve shows negative growth for the first quarter of 2025.
—Nerdwallet, Orange County Register, 20 Mar. 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 30 Mar. 2025.
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