gross domestic product(redirected from Gross domestic income)
Also found in: Dictionary, Thesaurus, Financial, Acronyms.
Related to Gross domestic income: GDP Growth Rate, Real GDP Growth Rate
gross domestic product:see gross national productgross national product
(GNP), in economics, a quantitative measure of a nation's total economic activity, generally assessed yearly or quarterly. In estimating the GNP, only the final value of a product is counted (e.g., automobiles, but not the steel that they contain).
..... Click the link for more information. .
gross domestic product
the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nations