glssry

Gross Domestic Product

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by a country or countries. GDP is most often used by the government of a single country to measure its economic health. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator.

Abbreviation:
GDP
Acronym:
GDP
Initialism:
GDP

Added by:

glssry-guy

File under: Economics

Tags: Finance

Version: 2