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GDP
(redirected from Real Gross Domestic Product)

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Wikipedia 0.01 sec.
GDP (guanosine diphosphate): see guanine guanine , organic base of the purine family. It was reported (1846) to be in the guano of birds; later (1879–84) it was established as one of the major constituents of nucleic acids.
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gross domestic product (GDP)

Total market value of the goods and services produced by a nation's economy during a specific period of time. GDP is customarily reported on an annual basis. It is defined to include all final goods and services—that is, those that are produced by the economic resources located in that nation regardless of their ownership and are not resold in any form. GDP differs from gross national product (GNP), which is defined to include all final goods and services produced by resources owned by that nation's residents, whether located in the nation or elsewhere.



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The seasonally adjusted real gross domestic product (GDP) at market prices for the third quarter of 2009 increased by an annualised rate of 0.
In a new forecast accompanying minutes from the Fed's policy meeting November 3-4, the central bank said participants "anticipated that economic recovery would be gradual, with real gross domestic product (GDP) growing at a moderate pace and the unemployment rate declining slowly over the next few years.
economy was lifted after the Commerce Department reported that real gross domestic product in the July-September quarter grew an annualized 3.
 
 
 
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