Gross Domestic Product
Summary of Gross Domestic Product
The aggregate value, expressed in monetary terms, of all goods and services produced within a national economy during a given time period, usually one year.
(Main Author: William J. Miller)
Gross Domestic Product (gdp) (in the Human Development Area)
In this context, Gross Domestic Product (gdp) means:
is the total market value at current prices of all final goods and services produced by the factors of production located within a country in a given period ( usually a year).
Resources
See Also
- National Income
- National Accounts
- Expenditure
- Gross National Income
- Net National Income
Hierarchical Display of Gross domestic product
Economics > National accounts > National accounts > Economic aggregate
Gross domestic product
Concept of Gross domestic product
See the dictionary definition of Gross domestic product.
Characteristics of Gross domestic product
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Resources
Translation of Gross domestic product
- Spanish: Producto interior bruto
- French: Produit intérieur brut
- German: Bruttoinlandsprodukt
- Italian: Prodotto interno lordo
- Portuguese: Produto interno bruto
- Polish: Produkt krajowy brutto
Thesaurus of Gross domestic product
Economics > National accounts > National accounts > Economic aggregate > Gross domestic product
See also
- GDP