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

Portugal, a country of fewer than 11 million people, spends just over 2% of its gross domestic product on defense, according to NATO. — Matthew Lee, Los Angeles Times, 8 Oct. 2026

Russian President Vladimir Putin said last week that the attacks had cost Russia roughly 1% of its gross domestic product. — Arkansas Online, 7 Oct. 2026

The loss of talented individuals, the loss of gross domestic product. — Daniel Peña, Literary Hub, 7 Oct. 2026

Türk noted that nearly $5 billion dollars in remittances flowed into Haiti last year — around one sixth of its gross domestic product. — Jacqueline Charles, Miami Herald, 7 Oct. 2026

Word History

First Known Use

1951, in the meaning defined above