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
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.
The Indus basin supplies about 80% of the country's irrigated agriculture, a sector that employs 65% of the labor force and represents roughly 25% of Pakistan's gross domestic product, according to data compiled by Chatham House. — Sam Meredith,priyanka Salve, CNBC, 1 Sep. 2026 Under its five-year defense strategy set in 2022, Japan has doubled its defense spending to about 2% of its gross domestic product to build up its Self-Defense Forces’ offensive role to counter China’s growing assertiveness. — Mia Osmonbekov, Fortune, 31 Aug. 2026 Under its five-year defense strategy set in 2022, Japan has doubled its defense spending to about 2% of its gross domestic product to build up its Self-Defense Forces' offensive role to counter China’s growing assertiveness. — ABC News, 31 Aug. 2026 Tax cuts have reduced revenue by roughly 2% of gross domestic product. — Veronique De Rugy, Oc Register, 27 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

Browse Nearby Words

grossbeak
gross domestic product
grossen
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Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 4 Sep. 2026.

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More from Merriam-Webster on gross domestic product

Britannica.com: Encyclopedia article about gross domestic product

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