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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
The other one, de Guzman said, is a general discussion on poverty, growth and the country's GDP per capita.
In the Gaza Strip, GDP per Capita reached $357 during the 3rd quarter 2018, and showed a decrease by 9% during the 3rd quarter 2018 compared to the 3rd quarter 2017.
From 1820 until 1870, countries with higher GDP per capita did not always report better well-being outcomes.
In 1920, #268SR reached GDP per capita at 80 percent of this indicator in Austria and 70 percent of Germany.
Despite its high GDP per capita, Dubai offers the most competitive residential real estate in its premium destinations.
Romania's GDP per capita is projected to move above the current median level of 'BBB' category rated peers in 2018.
There are broad empirical studies which show how economic growth is affected by relationship between different variables like GDP per capita, trade, political and economic institutions, HDI, investment and population.
Cyprus' GDP per capita meanwhile stood at 84 per cent of the EU average.
Figures from the National Insurance Institute (22) shown in the graph below tell the story: During the two decades between 1968 and 1989, GDP per capita growth was indeed paralleled by a concomitant rise in real wages for Israelis.
Results: In the study, GDP per capita, life expectancy at birth, age dependency ratio, number of hospitals and percentage of the population with a bad perceived health status were identified as the major variables in the estimation of health expenditure.