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Gross domestic product

A measure of the economic production of a particular territory in financial capital terms over a specific time period.

📖 Definitions of "Gross domestic product"

noun
  1. 1

    A measure of the economic production of a particular territory in financial capital terms over a specific time period.

💡 Words with a Similar Meaning to "Gross domestic product"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
gdpnoun(economics) Initialism of gross domestic product. [(economics) A measure of the economic production of a particular territory in financial capital terms over a specific time period.]
gross national productnoun(economics) The total market value of all the goods and services produced by a nation (citizens of a country, whether living at home or abroad) during a specified period.
economic outputnoun(economics) The value of goods and services produced in a country, region or other entity.
economic growthnoun(economics) The growth of the economic output of a country.
outputnounThat which is produced by something, especially that which is produced within a particular time period or from a particular effort.
industrial outputnoun(economics, accounting) What an industry produces, as a national total.
goodsnoun(business, economics) That which is produced, then traded, bought or sold, then finally consumed.
producer goodnoun(economics) An item of goods, such as partly finished goods, used as an input in the production of other goods.
productivitynounThe state of being productive, fertile, or efficient.
producer price indexnoun(economics) A price index that measures the average changes in prices received by domestic producers for their output.
productionnounThe act of producing, making or creating something.
producer's goodnoun(economics) Alternative form of producer good. [(economics) An item of goods, such as partly finished goods, used as an input in the production of other goods.]
balance of paymentsnounA measure of all flows of money into and out of a country including payments for goods and services and capital flows.
industrynoun(countable, business, economics) Businesses of the same type, considered as a whole. Trade.
netputnoun(economics) net output
servicesnoun(business, economics) That which is produced, then traded, bought or sold, then finally consumed and consists of an action or work.
gross receipts taxnoun(economics) A tax on the total gross revenues of a company, regardless of their source
economynounThe system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
purchasing powernoun(economics) The amount of goods and services that can be bought with a unit of currency.
flow variablenoun(economics, accounting) A variable whose value depends on a period of time rather than an instant, example being the gross domestic product.

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