Gross domestic product
volume
British pronunciation/ɡɹˈəʊs dəmˈɛstɪk pɹˈɒdʌkt/
American pronunciation/ɡɹˈoʊs dəmˈɛstɪk pɹˈɑːdʌkt/

Definition & Meaning of "gross domestic product"

Gross domestic product
01

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)

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