gross domestic product: the total value of the goods and services that a country produces in a year, not including income received from money invested in other countries
Synonyms and related words
Economy and economics
agronomics
austerity
boom
See alsoGNP
GDP
noun countable economics
US /ˌdʒi di ˈpi/
Other entries for this word
GDP at gross domestic product
Word Forms
singular
GDP
plural
GDPs
DEFINITIONS1
1
gross domestic product: the total value of the goods and services that a country produces in a year, not including income received from money invested in other countries