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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Member countries have a defense-spending target of approximately 2 percent of their gross domestic product (GDP), although this is a guideline, and many countries do not reach this threshold.
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Thomas G. Moukawsher, Newsweek, 6 Nov. 2024
That is about 8% of the gross domestic product of the United States and close to the entire GDP of Canada in 2022 – the world’s ninth-largest economy.
—Ernesto Castañeda / The Conversation, Quartz, 24 Oct. 2024
On a gross domestic product basis, the storms are likely to shave at least 0.3 percentage points off Q4 GDP figures, the Goldman analysts said, but those won't be released until after the election.
—Rob Wile, NBC News, 24 Oct. 2024
The gross domestic product for the third quarter was also down a bit, according to data from the Bureau of Economic Analysis.
—Megan Poinski, Forbes, 5 Nov. 2024
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Thomas G. Moukawsher, Newsweek, 6 Nov. 2024
That is about 8% of the gross domestic product of the United States and close to the entire GDP of Canada in 2022 – the world’s ninth-largest economy.
—Ernesto Castañeda / The Conversation, Quartz, 24 Oct. 2024
On a gross domestic product basis, the storms are likely to shave at least 0.3 percentage points off Q4 GDP figures, the Goldman analysts said, but those won't be released until after the election.
—Rob Wile, NBC News, 24 Oct. 2024
The gross domestic product for the third quarter was also down a bit, according to data from the Bureau of Economic Analysis.
—Megan Poinski, Forbes, 5 Nov. 2024
See all Example Sentences for gross domestic product
Dictionary Entries Near gross domestic product
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“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 23 Nov. 2024.
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