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
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While there is no official classification, cities in China are often categorized in certain tiers based on factors such as gross domestic product (GDP) and population. Lee Ying Shan,lim Hui Jie, CNBC, 3 Mar. 2025 About 70% of gross domestic product, the common measure of the economy, is consumer spending. Erik Sherman, Forbes, 1 Mar. 2025 Chicago forgoes $8 billion in regional gross domestic product because of our high racial and economic segregation. Marisa Novara, Chicago Tribune, 27 Feb. 2025 That would be a higher gross domestic product share than Germany’s reparations after World War I and leave Ukraine a vassal state. Elizabeth Shackelford, The Mercury News, 26 Feb. 2025 See All Example Sentences for gross domestic product

Word History

First Known Use

1951, in the meaning defined above

Time Traveler
The first known use of gross domestic product was in 1951

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Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 10 Mar. 2025.

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