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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Migliano said his estimates were calculated using the NetBlocks COST tool, an economic model that measures the immediate impact on a nation’s gross domestic product when its digital economy is forced offline. Emma Bussey, FOXNews.com, 4 Feb. 2026 My trusty spreadsheet reviewed the third quarter report from the Bureau of Economic Analysis on state gross domestic product – a broad yardstick of business output. Jonathan Lansner, Oc Register, 4 Feb. 2026 The lynchpin to it all is recognizing that 69% of gross domestic product, a rough though imperfect measure of the economy, is consumer spending. Erik Sherman, Forbes.com, 29 Jan. 2026 Yet even under the best conditions, a growing body of evidence shows that the absolute decoupling of gross domestic product (GDP) from environmental degradation—growing the economy while simultaneously reducing resource use, biodiversity loss, waste, and pollution—is impossible. Olivier De Schutter, Time, 27 Jan. 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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Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 14 Feb. 2026.

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