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Gdp

•  See Gross Domestic Product.

 
 Embedded terms in definition
 Gross domestic product
Gross
 
 Referenced Terms
 Gross domestic product: Abbreviated Gdp. A measure of output from United States factories and related consumption in the United States. It includes consumption, government purchases, investments, and exports minus imports. It does not include products made by U.S. companies in foreign markets.Gdp. The market value of goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas.

 Gross domestic product: Abbreviated Gdp. A measure of output from United States factories and related consumption in the United States. It includes consumption, government purchases, investments, and exports minus imports. It does not include products made by U.S. companies in foreign markets.Gdp. The market value of goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas.

 Gross national product: GNP. Measures and economy's total income. It is equal to Gdp plus the income abroad accruing to domestic residents minus income generated in domestic market accruing to non-residents.

 Mercosur group: A major South American trading bloc that includes countries that account for more than half of total Latin American Gdp.

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