GDP

American  

1. gross domestic product.

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GDP British  

abbreviation

1. gross domestic product

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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

The GDP print will be preceded by inflation and trade data on Monday.

From The Wall Street Journal

GDP by industry was essentially unchanged between October and November at 2.327 trillion Canadian dollars, the equivalent of US$1.725 trillion, Statistics Canada said.

From The Wall Street Journal

It commits a higher proportion of GDP to defense than any other EU member, and maintains the bloc’s largest standing army.

From The Wall Street Journal

That comes to more than $3.44 billion in state support for green cars and their parts, in a country with a GDP of about $223 billion.

From The Wall Street Journal

GDP growth from one quarter to the next is barely perceptible, and manufacturing and construction are notably weak.

From The Wall Street Journal