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
It is estimated that Black Americans’ spending power sits between $1.4 trillion and $1.8 trillion annually, a powerful economic bloc that’s comparable to the gross domestic products of Mexico, Canada and Italy.
—
Doug Melville, Forbes, 30 Dec. 2024
Separately, China also revised the size of its gross domestic product in 2023, raising it by 2.7%, or 3.4 trillion yuan, based on the results of the census, Kang Yi, head of the National Bureau of Statistics, said in a briefing.
—Bloomberg, Fortune Asia, 26 Dec. 2024
The trans-Atlantic partnership is estimated to cover an area of more than 700 million people and represents about 20% of global gross domestic product.
—Sam Meredith, CNBC, 23 Dec. 2024
On top of that, the overall health of the nation’s economy could decline with forecasts indicating gross domestic product could plummet if mass deportations occur.
—Elisabeth Buchwald, CNN, 9 Dec. 2024
See all Example Sentences for gross domestic product 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Doug Melville, Forbes, 30 Dec. 2024
Separately, China also revised the size of its gross domestic product in 2023, raising it by 2.7%, or 3.4 trillion yuan, based on the results of the census, Kang Yi, head of the National Bureau of Statistics, said in a briefing.
—Bloomberg, Fortune Asia, 26 Dec. 2024
The trans-Atlantic partnership is estimated to cover an area of more than 700 million people and represents about 20% of global gross domestic product.
—Sam Meredith, CNBC, 23 Dec. 2024
On top of that, the overall health of the nation’s economy could decline with forecasts indicating gross domestic product could plummet if mass deportations occur.
—Elisabeth Buchwald, CNN, 9 Dec. 2024
See all Example Sentences for gross domestic product
Dictionary Entries Near 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 10 Jan. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share