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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.

This could see GDP growth accelerate even if the labor market remains muted, helping to keep inflation subdued.

From MarketWatch

Saudi Crown Prince Mohammed bin Salman appeared to acknowledge that criticism in a recent interview, saying that if sportswashing boosts the country’s GDP by 1%, it is a strategy he will continue.

From MarketWatch

“To us, good economics equates to good politics, and this move would seem to hurt credit availability and GDP,” the Wells Fargo team wrote.

From Barron's

And as a result, that could drive “weaker retail sales and consumption across the entire economy, hurting GDP,” Hecht noted.

From MarketWatch

And as a result, that could drive “weaker retail sales and consumption across the entire economy, hurting GDP,” Hecht noted.

From MarketWatch