GDP

 

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GDP

Gross domestic product.

GDP

See: Gross Domestic Product



GDP

Similar Matches

Real GDP

Real GDP

The real counterpart to nominal GDP, obtained by valuing output in a given year by prices from another year, called the base year.


Gross domestic product (GDP)

Gross domestic product (GDP)

The market value of goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas.


GDP deflator

GDP deflator

The deflator for GDP, thus the ratio of nominal GDP to real GDP (usually multiplied, as with a price index, by 100).


GDP implicit price deflator

GDP implicit price deflator

An economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP.


Real GDP

Real GDP

Inflation-adjusted measure of Gross Domestic Product.




 
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