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.

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 ?
At the other end of the ranking, 29 per cent of the average European GDP per capita is the Bulgarian Northwest region.
Results: In the study, GDP per capita, life expectancy at birth, age dependency ratio, number of hospitals and percentage of the population with a bad perceived health status were identified as the major variables in the estimation of health expenditure.
However, GDP per capita was down and decreased by almost two percent during the same period.
Against a backdrop of fluctuating economic conditions and Brexit negotiations, the 2017 UK Prosperity Map shows that, while most areas of the country are more prosperous overall than last year, in many cases, cities are outpacing their wider region, with clear disparities opening up when it comes to GDP per capita and earnings.
The same could be said if GDP per capita is taken into account.
Based on the GDP composition by sector, the agricultural sector has the following figures: China, Indonesia and Vietnam have GDP per capita which are 65 percent, 90 percent and 40 percent higher than that of the Philippines, respectively.
The aim of this paper is to draw an analysis of the convergence theory for Albania and Balkan region by assessing the speed of GDP per capita, as a precondition for the convergence of incomes, and calculate if it has contributed to diminishing or not the differences in incomes compared to the EU.
In 2015, GDP per capita expressed in PPS ranged between 46 per cent of the EU average in Bulgaria to 271 per cent in Luxembourg .
In [7], the author proposes a multi-factorial regression analysis, explaining the dependence between IT&C expenditure and the level of Internet access, GDP per capita, Gross domestic expenditure on R&D, IT&C expenditure - Telecommunication.
The GDP per Capita in Cambodia is equivalent to 6 percent of the world's average.
Meanwhile, Qatar is considered the wealthiest country in the world, according to the report, which said that the GDP per capita in the tiny GCC state surpasses $105,000.
Unlike other employment categories, the percentage of adults working full time for an employer has a strong positive relationship with national economic well-being as measured by GDP per capita.