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
Many economists expect the tariffs both to raise prices and shave the pace of gross domestic product, with the main question being a matter of degree on the extent of any need for Fed policy adjustments.
—
Jeff Cox, CNBC, 4 Feb. 2025
Goldman Sachs economists have estimated that across-the-board tariffs on Canada and Mexico would imply a 0.7% increase in core inflation and a 0.4% hit to gross domestic product.
—Suzanne McGee and Isla Binnie, USA TODAY, 3 Feb. 2025
Residential real estate in the United States is worth nearly $50 trillion — almost double the size of the entire gross domestic product.
—Abrahm Lustgarten, ProPublica, 3 Feb. 2025
Indeed, over the past couple of decades, the number of astronomy Ph.D. students has increased from five in 1990 to 40 in 2005, and Chile has risen to 12th place globally in astronomy paper citations per year, a striking number considering its size and gross domestic product.
—Katherine Helen Laliotis, Scientific American, 29 Jan. 2025
See all Example Sentences for gross domestic product 
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.
Jeff Cox, CNBC, 4 Feb. 2025
Goldman Sachs economists have estimated that across-the-board tariffs on Canada and Mexico would imply a 0.7% increase in core inflation and a 0.4% hit to gross domestic product.
—Suzanne McGee and Isla Binnie, USA TODAY, 3 Feb. 2025
Residential real estate in the United States is worth nearly $50 trillion — almost double the size of the entire gross domestic product.
—Abrahm Lustgarten, ProPublica, 3 Feb. 2025
Indeed, over the past couple of decades, the number of astronomy Ph.D. students has increased from five in 1990 to 40 in 2005, and Chile has risen to 12th place globally in astronomy paper citations per year, a striking number considering its size and gross domestic product.
—Katherine Helen Laliotis, Scientific American, 29 Jan. 2025
See all Example Sentences for gross domestic product
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 12 Feb. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share