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GDP

American  
  1. gross domestic product.


GDP British  

abbreviation

  1. gross domestic product

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Usage

What is GDP? GDP stands for gross domestic product. It’s the total monetary value of everything produced within a country, and is used as a measurement of a country’s economic status and growth.How is GDP pronounced?[ jee-dee-pee ]

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The GDP figure "isn't bad," economist Perfeito told AFP, but given unemployment is already at its lowest level since 2012, it is not "cause for celebration."

From Barron's

Additional costs will stretch US households, threatening consumer spending which makes up two-thirds of US GDP, analysts say.

From Barron's

"But that could be swamped by events in the Middle East raising UK inflation and weakening UK GDP growth."

From BBC

But the researchers argued that the single biggest reason is that the U.S. government’s debt has been growing faster than its GDP.

From MarketWatch

But the crisis could leave a lasting mark on Dubai's tourism sector -- nearly 13 percent of its GDP -- and on its carefully crafted image.

From Barron's