Meaning of GDP in English

Table of contents
  1. Pronunciation
  2. Noun
    1. Definitions

  1. Pronunciation

    /ˌdʒi ˌdi ˈpi/

    US accent Play button

    UK accent Play button

  1. Noun

    GDP

    Definitions

    1. measure of the United States economy adopted in 1991

    Examples

    • « the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year) »

Famous quotes

  • « We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II. »
    Warren Buffett
  • « I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP. »
    Shia LaBeouf
  • « In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period. »
    Patrick J. Kennedy
  • « Could a government dare to set out with happiness as its goal? Now that there are accepted scientific proofs, it would be easy to audit the progress of national happiness annually, just as we monitor money and GDP. »
    Polly Toynbee
  • « Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that. »
    Mitt Romney

Browse dictionary