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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That’s equivalent to more than 5% of Russia’s gross domestic product. — Sam Meredith, CNBC, 25 Aug. 2026 The federal budget deficit is running at about 6% of gross domestic product, a historically high rate the United States has rarely seen outside of wartime or deep recessions. — Allison Morrow, CNN Money, 21 Aug. 2026 Yet economists, the Congressional Budget Office and Wall Street all see little or no progress in coming years for the deficit-to-gross domestic product ratio. — Bloomberg, Mercury News, 20 Aug. 2026 Oil exports make up about 35% of Kazakhstan’s gross domestic product. — Fred Weir, Christian Science Monitor, 13 Aug. 2026 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

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grossbeak

gross domestic product

grossen

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Style

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 2 Sep. 2026.

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gross domestic product

noun

Examples of gross domestic product in a Sentence

Word History

Browse Nearby Words

Cite this Entry

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