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- Dictionarygross domestic product
noun
- 1. the total value of goods produced and services provided in a country during one year.
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5 days ago · Gross domestic product (GDP) is the total market value of the goods and services produced by a country’s economy during a specified period of time.
5 days ago · Gross domestic product (GDP) is an important tool for measuring how a country's economy is doing. It lets governments work out how much they can afford to tax and spend, and...
Jul 8, 2024 · What is gross domestic product (GDP)? GDP is the globally-accepted tool to measure a country's economic output. It's the total market value of finished goods and services produced by a nation domestically within a specific period.
Jun 20, 2024 · The meaning of GROSS DOMESTIC PRODUCT is the gross national product excluding the value of net income earned abroad.
Jun 19, 2024 · What is GDP. The Gross Domestic Product (GDP) is one of the most important and widely used economic indicators in the world. It is a measure that quantifies the total value of all goods and services produced within a country's borders during a specific time period, usually a year or a quarter.
1 day ago · Gross Domestic Product (GDP) is one of the most important and most talked-about data points in the trading month. Assessing the value of finished goods and services produced by a country over a fixed period of time gives great insight into the actual growth of an economy.
Jul 5, 2024 · Gross Domestic Product, or GDP, is a measure of the total value of all goods and services produced within a country’s borders during a specific period, typically a quarter or a year. In other words, it’s like a scoreboard that tracks the economic output of a country over time.