GDP
noun/ˌdʒiː diː ˈpiː/
/ˌdʒiː diː ˈpiː/
[uncountable, countable]- the total value of all the goods and services produced by a country in one year (the abbreviation for ‘gross domestic product’)
- GDP grew 5.8 percent in the first quarter.
- There was a 42-per-cent decline in GDP.
- The country has a GDP per head in excess of $2,000.
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