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Longman Dictionary of Contemporary English
gross domestic product
noun
EXAMPLES FROM CORPUS
▪ An inflation measure linked to the gross domestic product had its smallest rise since 1964.
▪ Investment was sharply down and was estimated to represent only 9 percent of gross domestic product.
▪ Our gross domestic product was literally heavy, for it was dominated by coal, steel, iron, and grains.
▪ Potential output is that rate of gross domestic product which would result if all resources were fully employed.
▪ The gross domestic product annually grew, on average, 9. 8 % from 1987 to 1995.
▪ The government will release a preliminary estimate of full-year gross domestic product tomorrow.
Wiktionary
gross domestic product

n. (context economics English) A measure of the economic production of a particular territory in financial capital terms over a specific time period.

WordNet
gross domestic product

n. measure of the United States economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year) [syn: GDP]

Wikipedia
Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons. Nominal GDP, however, does not reflect differences in the cost of living and the inflation rates of the countries; therefore using a GDP PPP per capita basis is arguably more useful when comparing differences in living standards between nations.

Usage examples of "gross domestic product".

On a per capita basis, the Star Kingdom's economy was actually somewhat stronger, but in absolute terms Manticore's entire gross domestic product would disappear with scarcely a ripple into the League's economy.

And gross domestic product was one of those unfortunate measurement concepts, like inches or the British thermal unit, that ought to have been retired long before.

Even the country's oil industry-which accounted for nearly half of its entire gross domestic product-was falling on hard times.

How else can one explain them making single bombers that cost more than the entire Gross Domestic Product of the very countries they would wish to bomb?

Until 1975 chicle for chewing gum provided 25% of the Belize Gross Domestic Product.