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 In 2027, the public debt will reach 106.2 percent of gross domestic product — eclipsing the previous record set during World War II. The Editors, National Review, 20 June 2024 That would exceed the all-time high of 106.1 percent of gross domestic product in 1946, a year when the United States was still demobilizing from World War II and had not begun paying down the massive borrowing needed to fund a global military effort. Editorial Board, Washington Post, 20 June 2024 One study found that arresting and deporting all 11 million undocumented migrants would cost hundreds of billions of dollars, take about 20 years and reduce real gross domestic product by roughly $2 trillion. Bloomberg Opinion, Twin Cities, 13 June 2024 The countries selected were the biggest by gross domestic product: the U.S., China, Japan, India, Germany, the U.K., France, Canada, South Korea, Spain, Italy and Australia. Rachel Ventresca, Fortune, 7 June 2024 See all Example Sentences for gross domestic product 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gross domestic product.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 4 Jul. 2024.

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