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Gross Domestic Product

Gross domestic product (GDP) is a measure of the total value of all goods and services produced within a country's borders. GDP is often used as an indicator of a country's economic output and standard of living, and is widely used to compare the size and strength of different economies. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to gross domestic product.

What is the Rule of 72? Formula and Calculation Thumbnail

What is the Rule of 72? Formula and Calculation

SuperMoney Team

Learn about Real GDP: Calculations and Differences from Nominal GDP Thumbnail

Learn about Real GDP: Calculations and Differences from Nominal GDP

SuperMoney Team

Economic Recovery: Definition, Indicators, and Real-World Examples Thumbnail

Economic Recovery: Definition, Indicators, and Real-World Examples

Silas Bamigbola

Expansion Explained: A Guide to Phases in the Business Cycle Thumbnail

Expansion Explained: A Guide to Phases in the Business Cycle

Silas Bamigbola

Economic Growth: What it is, How it's Measured, and Its Significance Thumbnail

Economic Growth: What it is, How it's Measured, and Its Significance

Silas Bamigbola

What Is GDP? Definition, How It's Measured, and Why It Matters for Your Finances Thumbnail

What Is GDP? Definition, How It's Measured, and Why It Matters for Your Finances

Andrew Latham

Gross Domestic Income: Definition and Relationship to GDP Thumbnail

Gross Domestic Income: Definition and Relationship to GDP

SuperMoney Team

GDP Per Capita: Meaning and Role in Assessing Economic Well-Being Thumbnail

GDP Per Capita: Meaning and Role in Assessing Economic Well-Being

SuperMoney Team

Economics: Meaning, Branches and Relevance in Daily Life Thumbnail

Economics: Meaning, Branches and Relevance in Daily Life

SuperMoney Team

What is velocity of money? Example & how it's used Thumbnail

What is velocity of money? Example & how it's used

Abi Bus

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About Gross Domestic Product

Gross domestic product (GDP) is a measure of the total value of all goods and services produced within a country's borders. GDP is often used as an indicator of a country's economic output and standard of living, and is widely used to compare the size and strength of different economies.