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  1. Dictionary
    gross domestic product

    noun

    • 1. the total value of goods produced and services provided in a country during one year.
  2. 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...

    • Economics

      The EU says the way the social media site designs and...

  3. 4 days ago · Quarterly gross domestic product (GDP), covering nominal and real GDP by type of expenditure and activity.

  4. 4 days ago · [2023] Gross Domestic Product by State. Annual gross domestic product (GDP) by state, covering nominal and real GDP by type of economic activity.

  5. 5 days ago · What is GDP? Gross Domestic Product is a crucial economic gauge reflecting the total monetary worth of all final goods and services produced within a country during a specific timeframe. It serves as a yardstick for a nation’s wealth creation, often abbreviated as GDP.

  6. 5 days ago · GDP can be analysed in terms of the output produced by different industries, or in terms of spending by households, business and government. GDP is estimated to have grown by 0.4% in May 2024, following no growth (0.0%) in April.

  7. 5 days ago · Understand how gross domestic product (GDP) is calculated and whether or not transfer payments, such as Social Security, are included in GDP.

  8. 5 days ago · A depression may be defined as an extreme recession that lasts three or more years or that leads to a decline in real gross domestic product (GDP) of at least 10% in a given year.