Gross Domestic Product
CEFR: B2
The total monetary value of all finished goods and services produced within a country in a specific period.
Synonyms
- national economic output
- GDP
Common Collocations
- percentage of Gross Domestic Product
- growth in Gross Domestic Product
- Gross Domestic Product per capita
Example Sentence
Tourism accounts for nearly ten percent of New Zealand's Gross Domestic Product.