gross domestic product

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

gross′ domes′tic prod′uct


n.
gross national product excluding payments on foreign investments. Abbr.: GDP
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
Bruttoinlandsprodukt
Produto interno bruto

gross domestic product

nprodotto interno lordo
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The analysis suggests that a persistent increase in average global temperature by 0.04 degrees Celsius per year, in the absence of mitigation policies, reduces world real GDP per capita by 7.22 per cent by 2100.
GDP per capita ranged from 50% in Bulgaria to 254% in Luxembourg, of EU average Gross Domestic Product (GDP) per capita, a measure of economic activity, also shows substantial differences between the EU Member States.
In an economic briefing in Makati City hosted by the Economic Journalists Association of the Philippines (EJAP), in partnership with the Aboitiz Group of Cos., Moody's Senior Credit Officer Christian de Guzman said the Philippines should focus on its integral weaknesses: its revenue growth and its GDP per capita.
The study includes a very detailed statistical model which was used to make an empirical analysis and draw the conclusion that "democracy has a positive effect on GDP per Capita." Huang also included a graph from the study in which the X-axis represents "Years around democratization" and the Y-axis represents "Change in GDP per capita log points."
Meeting under the banner of Mount Kenya Parliamentary Caucus in October last year, the region's leaders cited a study that ranked Kiambu County as the richest in Kenya with a GDP per capita of $1,785 (Sh178,500 ).
Responding to the 2019/2020 budget proposal, Ms Makgato highlighted an increase in GDP per capita would improve government finances that would translate into an increase in living standards.
GDP per capita in Tajikistan over the last year increased by 725 somoni.
Health expenditure is positively correlated with GDP per capita and infant mortality.
Tajikistan's GDP per capita over the last year increased by 725 somoni, Trend reports via Tajik media.
GDP per Capita for Palestine at constant prices was $761 during the 3rd quarter 2018, it showed a decrease of 3% compared to the 3rd quarter 2017.