Sentences with gdp
GDP
G g - In the first quarter, GDP grew at an annual rate of more than 5 percent on the back of strong domestic demand.It has taken an incredible amount of debt and money to obtain GDP growth over the past decade.GDP is the total value of all the goods and services that a country produces or provides in a particular year, not including income from investments in other countries.
- Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.
- GDP is the value of all the goods and services produced during the period.
- But an expansion of net exports halved the GDP cost.
- At present, America's corrected GDP is 60 per cent bigger than China's.
- And the other half is the part higher taxes played in lifting the budget from the deficit of 2 per cent of GDP left by the Keating.
- Compare GDP with GNP, which is the total value of all the goods and services that a country produces or provides in a particular year, including income from investments in other countries.