Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

inflation-adjusted gross national product

 
 
noun [U] ECONOMICS

Definition

the total value of goods and services produced in a country, which includes the effect of inflation and also the income from products and services sold in other countries: The inflation-adjusted gross national product - the broadest measure of economic activity - declined 5.2 percent in the last three months of the year.
(Definition of inflation-adjusted gross national product noun from the Cambridge Business English Dictionary © Cambridge University Press)

Word of the Day

come rain or shine

whatever happens

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More