inflation-adjusted gross national product Meaning in the Cambridge English Dictionary
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Meaning of “inflation-adjusted gross national product” in the English Dictionary

"inflation-adjusted gross national product" in Business English

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inflation-adjusted gross national productnoun [U]

uk   us   ECONOMICS
the ​totalvalue of ​goods and ​servicesproduced in a country, which ​includes the ​effect of ​inflation and also the ​income from ​products and ​servicessold in other countries: The inflation-adjusted ​grossnationalproduct - the broadest ​measure of ​economicactivity - ​declined 5.2 ​percent in the last three months of the ​year.
(Definition of inflation-adjusted gross national product from the Cambridge Business English Dictionary © Cambridge University Press)
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