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# gdp

noun (GDP — abbreviation, uncountable)

«gdp» in the English dictionary: everyday — its meanings, how the lessons use it, and examples, each with its tree on Mova.

## Everyday

1. (money) GDP stands for gross domestic product: the total value of all the goods and services a country makes in one year. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#m1)
2. GDP is often used to compare how big or rich countries' economies are. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#m2)

### In the lessons

In money and economics lessons, GDP is a number that shows the size of a country's economy. GDP per person (per capita) is the GDP divided by the number of people, which gives a rough idea of how well-off people are on average. In the news, «GDP grew by 2%» means the economy made 2% more than the year before. Phrases: GDP growth, GDP per capita, a fall in GDP.

### Examples

- The USA has the largest GDP in the world. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x1)
- GDP measures everything a country makes and sells in a year. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x2)
- If GDP goes down for six months, people talk about a recession. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x3)
- To find GDP per person, divide the GDP by the population. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x4)
- The news said GDP grew by 1 percent this year. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x5)
- A country with a small GDP can still have happy people. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x6)
- Tourism adds a lot to New Zealand's GDP. [tree →](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/#x7)

### Note

It is an abbreviation, so it is written in capital letters: GDP. Say each letter: «G-D-P». In maths problems, GDP per person = total GDP ÷ number of people. GDP does not measure happiness, fairness or unpaid work like caring at home.

## On Mova

- [Trees and pragmatics of «gdp» in the school dictionary](https://mova.elamur.ai/free/en/corpora/dictionaries/school/G/gdp/): every meaning and example parsed by Mova, with its dependency tree and frames.
- [«gdp» in the school dictionary](https://mova.elamur.ai/free/en/dictionaries/school/w/gdp.html) on Mova free.