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GDP English

Meaning GDP meaning

What does GDP mean?

GDP

(= gross domestic product) the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

Synonyms GDP synonyms

What other words have the same or similar meaning as GDP?

Examples GDP examples

How do I use GDP in a sentence?

Simple sentences

The GDP of China still pales in comparison with that of the US.

Movie subtitles

One question that the president did not address was the rising gas prices starting to threaten the GDP of the California economy.
Our defense budget, which is a trivial percentage of GDP is larger than the entire economy of Australia.
Gdp numbers made the market jumpy.
Of the world's top 100 economies, as based on annual GDP, 51 are corporations.
When you've got a prison industrial complex and one that, you know, supports our GDP as much as this one does, then, if we build a jail it will be filled.
They will, of course, try to regain some of this money back, but the debts, unlike any other period in history, are now a quantum size bigger than the entire global GDP by a factor of 50 to 100.
There will be another GDP downturn.
Another GDP downturn, yeah. Must just point Percy at the porcelain.
In fact, if we step back far enough you will realize that the GDP not only doesn't reflect real public or social health on any tangible level it is, in fact, mostly a measure of industrial inefficiency and social degradation.
The war industry in America is a huge driver of GDP - one of the most profitable industries - producing weapons of death and destruction.
And this is why every time you see the GDP rise in any country you are witnessing an increase in necessity whether real or contrived and by definition, a necessity is rooted in inefficiency.
But if it's an economic issue, you need to consider that deporting 12 million undocumented workers will drain 2.5 trillion over the next 10 years from our GDP.
A whole lot of really smart people and the GDP of Luxembourg?
Look, Value! More, what they earn in a year -- it trumps the GDP of most first-world nations.
We spend more money maintaining lawns than India collects in federal tax revenue. Our defense budget, which is a trivial percentage of GDP is larger than the entire economy of Australia.
I mean, nothing makes you hard like knowing you're about to gross more money the GDP of half a dozen shit-bag African countries.
Our stagnant productivity and GDP have risen dramatically.
Add up all your billions together and you get the GDP of Slovakia.
Talk about the GDP.
Per capita GDP is about 7500.
Now, compared to the GDP of the U.S., which exports a. it could add trillions.
It ranks 192 out of 194 in GDP per capita.
No surprise, then, that Switzerland is about the richest country in the world, with a GDP per head around twice as high as ours.
That's the GDP equivalent of the 10th richest country in the world.
The GDP increase is a couple hundredths of one percent.
Of the world's top 100 economies, as based on annual GDP, 51 are corporations. And 47 of that 51 are U.S.-based.
Madam President, I have the GDP figures.
I was gonna ask for the GDP figures.
It's a handy by-product of generating wealth for them that, combined, annually, is equal to the GDP of Western Europe.
Uh, GDP. Average income.
He runs more money than the GDP of a European nation.
Twice the GDP of your entire Country.
Well, I was CEO for 11 days, and in that time I violated the rights of 50,000 little girls, exposed them to sexual predators, and racked up fines the size of a small nation's GDP.

News and current affairs

The free movement of goods, labor, and capital between the two parts could have given a tremendous economic boost to Palestinian GDP.
The outcome of these discussions will shape policies and investment aimed at spurring GDP growth, strengthening human capital, and promoting more inclusive prosperity.
During the last two decades, consumption drove these countries' economic growth, reaching historically high GDP shares.
The latest Eurostat figures on the evolution of the price index for self-produced goods (GDP deflator) show no tendency whatsoever in the crisis-stricken countries towards real devaluation.
Since Greece's current-account deficit as a share of GDP was three times higher than Ireland's, Greek prices would have to fall by about half to achieve the same kind of success.
A long-recognized principle is that balanced expansion of taxes and spending stimulates the economy; if the program is well designed (taxes at the top, combined with spending on education), the increase in GDP and employment can be significant.
Europe as a whole is not in bad fiscal shape; its debt-to-GDP ratio compares favorably with that of the United States.
Greece overspent, but Spain and Ireland had fiscal surpluses and low debt-to-GDP ratios before the crisis.
But average GDP growth rates in the new members are twice as high as in the original members, and this can provide a welcome stimulus to stagnant labor markets and sluggish economies.
By the outbreak of World War I, Britain ranked only fourth among the great powers in terms of military personnel, fourth in terms of GDP, and third in military spending.
Of course, America did maintain economic dominance after 1945: the devastation of WWII in so many countries meant that the US produced nearly half of global GDP.
That position lasted until 1970, when the US share of global GDP fell to its pre-war level of one-quarter.
For example, federal spending relative to GDP fell by five percentage points from the mid-1980's to the late 1990's in the US, and by an even larger margin in recent decades in Canada - that is, through periods of strong economic growth.
Romney's fiscal plan thus reduces deficits sufficiently to decrease the debt-to-GDP ratio.
After all, advanced countries account for about two-thirds of global GDP, so slow growth in these countries will inevitably impede global growth and truncate the growth potential of much of the developing world.
But deficit spending by governments continued apace, and public debt as a share of GDP in industrial countries climbed steadily from the late 1970's, this time without inflation to reduce its real value.
From the 1980's through the mid-2000's, employment has increasingly lagged GDP in economic recoveries.
By World War I, Britain ranked only fourth among the great powers in terms of military personnel, fourth in GDP, and third in military spending.
As each year passes, China's markets expand worldwide, and its domestic market comes to represent a greater percentage of its own GDP.
In fact, the federal deficit as a share of GDP will shrink significantly over the next several years, even without further deficit-reduction measures, before rising to unsustainable levels by 2030.
The ability to refinance government debt and keep costs down is essential to strengthening public finances and boosting GDP growth.
Before Iran's Islamic revolution, it led Turkey in foreign direct investment, income per head, and GDP growth.
With its defense spending having grown almost twice as fast as its GDP, China is now beginning to take the gloves off, confident that it has acquired the necessary muscle.
By focusing exclusively on foreigners and domestic elites for investment, Afghanistan is missing out on the vast potential of micro-entrepreneurs and small businesses to contribute to steady GDP growth.