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English definition of “GDP”

GDP

noun [U] uk   /ˌdʒiː.diːˈpiː/ specialized us  
abbreviation for Gross Domestic Product: the total value of goods and services produced by a country in a year: If the GDP continues to shrink, the country will be in a recession.
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Economics and the state of the economy
(Definition of GDP from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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