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Definition of gross domestic product noun from the Oxford Advanced Learner's Dictionary

gross domestic product

noun

/ˌɡrəʊs dəˌmestɪk ˈprɒdʌkt/

/ˌɡrəʊs dəˌmestɪk ˈprɑːdʌkt/

[uncountable, countable]

(abbreviation GDP)

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the total value of all the goods and services produced by a country in one year

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See gross domestic product in the Oxford Advanced American DictionarySee gross domestic product in the Oxford Learner's Dictionary of Academic English

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noun

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