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
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About a third of Russia’s gross domestic product currently goes to the war effort, Martelius said. Emma Burrows, Fortune, 30 May 2026 Since the Great Depression, the main metric has been gross domestic product. Danielle Chemtob, Forbes.com, 28 May 2026 In other economic news Thursday, gross domestic product growth in the first quarter was less than expected. Jeff Cox, CNBC, 28 May 2026 Hiring grew at a solid clip last month, while gross domestic product exceeded expectations at the outset of this year. Max Zahn, ABC News, 20 May 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 1 Jun. 2026.

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