gross domestic product

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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).
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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
References in periodicals archive ?
The means for GDP per capita, out-of-pocket health expenditure as a share of overall health spending, age dependency ratio, percentage of population with health insurance, life expectancy at birth, number of hospitals per million population, number of physicians per 1000 population/head counts and pharmaceutical sales were 40081.
Netherland's population is a fifth that of Germany, with a GDP per capita of $45,294.
In the service sector: China and Indonesia have GDP per capita which are 60 percent and 13 percent higher than that of the country, respectively, although that of Vietnam is 40 percent lower.
The dependent variable is the average annual growth rate of real GDP per capita between period T and 0 while the independent variable is the GDP per capita level in period 0.
4) The relationship between the economic performance and the IT&C usage in Romania - an analysis of the correlation between GDP per capita and the ISOC-Enterprises in Romania's case.
GDP per capita data for 2009-2013 was taken from the World Bank's Economy and Growth indicators database.
In 2017, the decline in GDP per capita is expected to go down from $1,817.
But when reams are written on the size of the Indian economy and the speed at which it is growing, what is often glossed over is one other piece of data - that in terms of GDP per capita or income per capita, India is not in the Top 10.
According to the same figures, in Greece, the GDP per capita in terms of purchasing power was lower at e1/419,300, or 73% of the EU28 average and 67% of the Eurozone average.
The affirmation primarily reflects the solid growth in Sharjah's GDP per capita.
Higher GDP per capita does bring benefits, particularly on 'basic human needs', but rising incomes do not guarantee improvement on 'ecosystem sustainability', 'health and wellness' and 'opportunity', the report said.
Sweden, for example, has similar GDP per capita to Australia and takes 54% of GDP in tax (compared with 31% in Australia)" he said.