- Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period1. GDP can be calculated by adding up the output of a country or a region within its borders12. GDP is used to compare the economic performance and size of different countries or regions3. GDP can be expressed in nominal terms, which use the current market prices, or in real terms, which adjust for inflation3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
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.
en.wikipedia.org/wiki/Gross_domestic_productIn economics, gross domestic product ( GDP) is how much a place produces in an amount of time. GDP can be calculated by adding up its output inside the borders of that country.
simple.wikipedia.org/wiki/Gross_domestic_productGross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
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