How to Use gross domestic product in a Sentence

gross domestic product

noun
Definition of gross domestic productnext
  • Alaska’s gross domestic product shrank during the pandemic.
    — Alex Demarban, Anchorage Daily News, 18 Nov. 2022
  • The report measured real-time growth in gross domestic product for the year till August 2022.
    — Prarthana Prakash, Fortune, 9 Nov. 2022
  • The country is set to miss its official target of around 5.5% gross domestic product growth this year, with the economy expanding by only 3% during the first nine months.
    — Stella Yifan Xie, WSJ, 15 Nov. 2022
  • That’s more than the gross domestic product of most of the world’s countries.
    — Todd Spangler, Variety, 30 June 2023
  • That sum is roughly one-third of all the goods and services — the gross domestic product — produced in the United States in one year.
    — Jeff Sommer, New York Times, 3 May 2024
  • For the full year, gross domestic product grew 2.1 percent.
    — Harold Maass, The Week, 27 Jan. 2023
  • At the end of last year, France’s government debt amounted to 110.6% of gross domestic product.
    — Hanna Ziady, CNN, 1 July 2024
  • Gates called for countries to donate 0.7% of their gross domestic product to aid.
    — Francine Lacqua, Fortune, 16 Jan. 2024
  • As a country, the US spends more on health care than any other high-income country in the world—on the basis of both per-person costs and a share of gross domestic product.
    — Beth Mole, Ars Technica, 31 Jan. 2023
  • Spanish gross domestic product on Friday is the first from the area’s key members showing what happened in the third quarter.
    — Vince Golle, Fortune, 22 Oct. 2023
  • The state’s statutory spending cap would be set to an average of 11.5% of the state’s gross domestic product over the preceding five years.
    — James Brooks, Anchorage Daily News, 14 Jan. 2023
  • This lower figure — $26.9 trillion — is roughly equal in size to the U.S. gross domestic product.
    — Fatima Hussein, Fortune, 3 Jan. 2024
  • Forecasters expect gross domestic product to fall over the second and third quarters of this year, the survey found.
    — Max Zahn, ABC News, 7 Feb. 2023
  • Moore argued the state’s gross domestic product grew at half the pace of the nation’s for the past decade because other states made strategic investments that Maryland did not.
    — Erin Cox, Washington Post, 19 Aug. 2023
  • Monday’s figures showed that gross domestic product rose less than 1% from the first quarter, while retail sales for June rose less than forecast.
    — Christopher Condon, Fortune, 17 July 2023
  • The central bank now projects gross domestic product to grow 3% this year, up from its previous estimate of 2.3%.
    — Anthony Harrup, WSJ, 30 Aug. 2023
  • The value of high-growth, disruptive tech companies is equivalent to about 7.3% of the U.S. gross domestic product.
    — Raphaelle D’ornano, Fortune, 7 Feb. 2024
  • Peru is the second-largest copper exporter in the world and mining accounts for almost 10% of its gross domestic product and 60% of its exports.
    — Regina Garcia Cano, ajc, 10 Dec. 2022
  • If the forecast is realised, the tourism industry would represent about 12.2% of Spain's gross domestic product.
    — Fox News, 17 Jan. 2023
  • By 2037, world gross domestic product will have doubled as developing economies catch up with the richer ones.
    — Arkansas Online, 27 Dec. 2022
  • Last year, Russia recorded a deficit equaling 2.3% of gross domestic product.
    — Georgi Kantchev, WSJ, 6 Feb. 2023
  • According to Ukraine’s own estimates, the country’s gross domestic product (GDP) fell by nearly a third in 2022.
    — Alex Holmes, NBC News, 21 June 2023
  • The country is targeting a total of 36.7 million travelers this year to help boost gross domestic product growth to 3%.
    — Tassia Sipahutar / Bloomberg, TIME, 3 July 2024
  • The gross domestic product will grow by 1.3%, roughly half the typical historical pace of 2.5%.
    — Brenda Richardson, Forbes, 19 Dec. 2022
  • For context, North Korea's gross domestic product hovers around the $29 billion mark.
    — Matthew Humphries, PCMAG, 2 Feb. 2023
  • As a share of gross domestic product, today’s effort is bigger than infrastructure spending under the New Deal and the most spent in the last half-century.
    — Laurent Belsie, The Christian Science Monitor, 29 Mar. 2024
  • Poland, on Ukraine’s western border, is spending more than 4 percent of its gross domestic product on defense.
    — Liz Alderman, New York Times, 20 May 2024
  • Japan slipped behind Germany in 2023 to become the world’s fourth-largest economy, based on its nominal gross domestic product, or GDP.
    — Yuri Kageyama, Quartz, 21 Feb. 2024
  • The source: My trusty spreadsheet peeked at state-by-state gross domestic product, a broad measure of business output tallied by the Bureau of Economic Analysis.
    — Jonathan Lansner, Orange County Register, 19 July 2024
  • Revenues from the Suez Canal account for roughly 2 percent of Egypt’s gross domestic product and are an important source of foreign currency.
    — Glenn Taylor, Sourcing Journal, 22 July 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'gross domestic product.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Last Updated: