• GDP

    Full definition of GDP

    Noun

    GDP

    (usually uncountable; plural GDPs)
    1. (economics, initialism) Gross domestic product.
      • 2013-08-03, Boundary problems, Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.
    2. (biochemistry, initialism) Guanosine diphosphate.
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