gross domestic product

noun

: the gross national product excluding the value of net income earned abroad

Examples of gross domestic product in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The government is running a budget deficit of more than 5 percent of gross domestic product. — Editorial Board, Washington Post, 25 Oct. 2026 Its gross domestic product has shrunk, and its 10 million residents have endured blackouts, food shortages and inflation. — ABC News, 23 Oct. 2026 State officials emphasized that California’s economy has continued to grow even as the state has slashed emissions, with gross domestic product up 40% since the passage of AB 32. — Los Angeles Times, 22 Oct. 2026 Investors are increasingly skeptical that France will pass a program of fiscal consolidation to shrink its high deficit-to-gross domestic product ratio. — Jenni Reid, CNBC, 22 Oct. 2026 See All Example Sentences for gross domestic product

Word History

First Known Use

1951, in the meaning defined above

Time Traveler
The first known use of gross domestic product was in 1951

Browse Nearby Words

grossbeak
gross domestic product
grossen
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Cite this Entry

“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 27 Oct. 2026.

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More from Merriam-Webster on gross domestic product

Britannica.com: Encyclopedia article about gross domestic product

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