GDPnoun [ U ]
uk/ˌdʒiː.diːˈpiː/us/ˌdʒiː.diːˈpiː/specializedabbreviation for Gross Domestic Product: the total value of goods and services produced by a country in a year:
If the GDP continues to shrink, the country will be in a recession.
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GNP
Thesaurus: synonyms and related words
Economics
- autarchy
- broad money
- Chancellor of the Exchequer
- consumer price index
- credit crunch
- depressed
- downturn
- expenditure
- GDP per capita
- GNI
- hyperinflation
- market forces
- mixed economy
- pecuniary
- protectionism
- retail price index
- spending
- stall
- trade figures
- upturn
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