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gdp

/ˌdʒiː.diːˈpiː/

1 entry

noun

B2formalcommonbusinessabbreviation/ˌdʒiː.diːˈpiː/

uncountable · proper noun

An abbreviation for Gross Domestic Product, which is the total market value of all goods and services produced within a nation's borders over a specific period, typically one year.

  • 🇷🇺Аббревиатура для Валового внутреннего продукта, который представляет собой общую рыночную стоимость всех товаров и услуг, произведённых в границах страны за определённый период, обычно за год.
  1. Economic indicator B2 formal

    The total monetary value of all finished goods and services produced within a country's borders in a specific time period, typically a year.

    • The country's GDP grew by 3% last year.
    • Economists use GDP to measure the health of an economy.
    • A decline in GDP often signals a recession.

    🇷🇺Экономический показатель

    Synonyms: gross domestic product

  • gdps plural form
  • gdps' possessive plural form
  • gdp's possessive singular form