The phrase
"domestic product" refers to the total value of goods and services that are produced within a country's borders in a specific period of time, usually a year. It helps measure the economic output or the strength of a country's economy.
Full definition
Similar and related words and phrases are presented below.
«domestic»
«product»
Related phrases
Phrases with «domestic product»
Sentences with «domestic product»
- That increase in real gross domestic product by 3.5 per cent marked a rebound from a second - quarter contraction. (moneysense.ca)
- This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015. (3dpolicy.ca)
- The pickup in demand points to gains in construction of residential real estate that will contribute to gross domestic product for the rest of the year. (bloomberg.com)
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sentences)