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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The value of Mexico’s exports and imports amounts to almost 90% of the country’s gross domestic product, according to World Bank data. Kate Linthicum, Los Angeles Times, 27 Oct. 2024 On Friday, China also reported slightly better-than-expected gross domestic product data. Christine Wang, CNBC, 18 Oct. 2024 If Texas were a country, its gross domestic product would be one of the highest in the world. Tasha Tsiaperas, Axios, 17 Oct. 2024 In addition, the U.S. alone could lose 2.3 percent of its gross domestic product for each degree-C increase in global warming. Ellen Peters, Scientific American, 16 Oct. 2024 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

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 5 Nov. 2024.

More from Merriam-Webster on gross domestic product

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!