gross domestic product

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Related to Economic production: EOQ formula

gross domestic product

n. Abbr. GDP
The total market value of all the goods and services produced within the borders of a nation during a specified period.

gross domestic product

n
(Economics) the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nations. Abbreviation: GDP

gross′ domes′tic prod′uct


n.
gross national product excluding payments on foreign investments. Abbr.: GDP

gross domestic product

Total value of all goods and services produced domestically annually by a country and is equal to gross national product less receipts from investment incomes from abroad.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.gross domestic product - the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)
value - the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world"
Translations
Bruttoinlandsprodukt
Produto interno bruto

gross domestic product

nprodotto interno lordo
References in periodicals archive ?
The island is the focal point of major infrastructure projects that will enhance economic production, open new irrigated lands for our agriculture and make the movement of goods and people easier,' Dominguez said.
These are apart from the five infrastructure projects approved by the National Economic and Development Authority (Neda) for Mindanao area to improve economic production and transform the island into a major hub of agriculture and industry.
Thematically, The project group is engaged in three centers with digital and projection technology solutions for the economic production of personalized products.
The work shows promise for both green and economic production of biofuels using inexpensive FFA-rich feedstocks.
The Prime Minister who was on a three day state visit to the Sudan, and who delivered the lecture as part of his activities within the visit, said the diverse climate of the Horn of Africa boost the opportunities of agricultural success and that there are chances to better the economic production situation.
After President Aoun renewed his call to halt economic rent practices and to focus instead on economic production, he called for more efforts to plug deficit suffered by the treasury and to ensure the mitigation of debts.
This book serves as the first English translation of French philosopher, translator, and artist Pierre Klossowski's (1905-2001) La Monnaie vivante from 1970, which analyzes economic production as a mechanism of the psychic production of desires and argues that economic norms are modes for the expression and representation of implulsive forces.
All economic production involves the processing of material and energy from the environment.
El-Wakil also noted that Article 36 of the Constitution obliges the state to simulate the private sector to serve the national economy, while, at the same time, protect their economic production, increase their competitiveness, and ensure an attractive investment climate, as per Article 28.
In a speech to kick off the "Euromoney 2016 Conference," Hamada, who spoke on behalf of Deputy Prime Minister, Minister of Finance and Acting Oil Minister Anas Al-Saleh, said that these glitches are related to governmental procedures, adding that bureaucracy has encumbered economic production.
Additionally, the company is targeting to drill approximately six wells, including one to two exploration wells, in the Llanos 34 Block during 2016 to continue the low cost economic production growth in Colombia.
He says that the unions ruin all attempts at economic production.

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