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
But since the Chicago metropolitan area has a gross domestic product around $900 billion, estimated by World Business Chicago, even a $2 billion splurge amounts to far less than 1% — making a small dent in the region’s economy, Coates said.
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Robert McCoppin, Chicago Tribune, 2 May 2026
The Commerce Department said Thursday that the nation's gross domestic product grew at an annual rate of 2% in January, February and March.
—Scott Horsley, NPR, 30 Apr. 2026
According to existing policies, adopted in December 2022, Japan aims to double its defense spending to 2% of the country’s gross domestic product — an amount of about 43 trillion yen ($270 billion) — through 2027.
—ABC News, 27 Apr. 2026
Officials from the finance ministry and Prime Minister Anutin Charnvirakul’s office are discussing raising the ceiling to 75% of gross domestic product from the current 70%, said the people, who requested anonymity ahead of an official announcement.
—Bloomberg, 20 Apr. 2026
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Robert McCoppin, Chicago Tribune, 2 May 2026
The Commerce Department said Thursday that the nation's gross domestic product grew at an annual rate of 2% in January, February and March.
—Scott Horsley, NPR, 30 Apr. 2026
According to existing policies, adopted in December 2022, Japan aims to double its defense spending to 2% of the country’s gross domestic product — an amount of about 43 trillion yen ($270 billion) — through 2027.
—ABC News, 27 Apr. 2026
Officials from the finance ministry and Prime Minister Anutin Charnvirakul’s office are discussing raising the ceiling to 75% of gross domestic product from the current 70%, said the people, who requested anonymity ahead of an official announcement.
—Bloomberg, 20 Apr. 2026
See All Example Sentences for gross domestic product
Cite this Entry
“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 5 May. 2026.
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