What is GDP?

  • (noun): Measure of the United States economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year).
    Synonyms: gross domestic product

Some articles on gdp:

International Rankings Of Taiwan - Economy - GDP
... GDP (nominal) as noted by the International Monetary Fund in 2008 ranked 26 out of 179 countries ... GDP (PPP) in 2010 ranked 19 out of 227 countries ... GDP sector composition in 2005 ranked 21 out of 197 countries ...
Economy Of Bratislava - GDP
... It accounts for about 26% of the Slovak GDP ... The GDP per capita (PPP) is 178% (2009) of the EU average and is the highest level of all regions in the new EU member states ...
Measuring GDP - Real GDP and Nominal GDP
... Nominal GDP measures the value of output during a given year using the prices prevailing during that year ... (but may also fall, due to deflation), leading to an increase (or decrease) in nominal GDP even if the volume of goods and services produced is unchanged ... Real GDP measures the value of output in two or more different years by valuing the goods and services adjusted for inflation ...
Parishes Of Lisbon - Economy
... is the wealthiest region in Portugal and it is well above the European Union's GDP per capita average – it produces 45% of the Portuguese GDP ... year are higher Gross Domestic Product (GDP) PPP per capita € 22,745 (2004) – € 23,816 (2005) – € 25,200 (2006) – € 26,100 (2007) ... The Lisbon metropolitan area had a GDP amounting to $95.2 billion, and $31,454 per capita ...
Saint Barthélemy - Economy
... INSEE estimated that the total GDP of St ... In that same year the GDP per capita of St. 2007 exchange rates), which was 10% higher than the average GDP per capita of metropolitan France in 1999 ...