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GDP
gross domestic product.
GDP
abbreviation
gross domestic product
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Example Sentences
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The latest GDP figures underline the baked in sluggishness, the flatlining, even the shrivelling of the economy.
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The move comes as Australia faces pressure from the White House to lift its military spending, from 2% to 3.5% of GDP, a push so far resisted by Canberra.
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But GDP per capita remains low compared to EU member states.
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The increase - which would more than double Nato members' current target of spending 2% of GDP - is a big ask for many European nations.
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Its 3.2% GDP growth was higher than America's, three times the UK's and four times the EU average.
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