gross domestic product(redirected from GDP per capita)
Also found in: Dictionary, Thesaurus, Financial.
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. .
The Columbia Electronic Encyclopedia™ Copyright © 2013, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/
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