NOUN
- 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)
How To Use gross domestic product In A Sentence
- Only nations that reduce their budget deficits to 3 percent of gross domestic product and accumulated debt to 60 percent automatically qualify.
- You could spend the entire gross domestic product on it, and still find shortages. Times, Sunday Times
- Seasonally adjusted gross domestic product rose 3.3% on the quarter but fell 9.1% on an annual basis in a chain-volumed measure, Statistics Iceland said. Iceland GDP Rebounds From Third Quarter
- Tourism is our second biggest contributor - after North Sea oil - to gross domestic product.
- Germany's gross domestic product rose only 0.1% from the previous quarter, and by 2.7% in annual terms, leaving it below precrisis levels and calling into question the European Central Bank's decision to raise rates twice this year. The Dow Gives Up 76.97 Points
- Growth in the Gross Domestic Product ( GDP ) decelerated significantly, from 10.5 per cent in real terms in 2000 to a mere 0.1 per cent in 2001.
- Only nations that reduce their budget deficits to 3 percent of gross domestic product and accumulated debt to 60 percent automatically qualify.
- In all, GM's bankruptcy could lop off 4 percentage points from the U.S. gross domestic product, of which two-thirds is driven by consumer spending, LaVorgna said.
- Gross domestic product shrank by 0.3% in the final three months of last year. Times, Sunday Times
- You could spend the entire gross domestic product on it, and still find shortages. Times, Sunday Times
