GDP
nounUK /ˌdʒiː diː ˈpiː/
US /ˌdʒiː diː ˈpiː/
GDP is the total money a country makes from all the things it sells in a year.
The teacher explained that GDP helps show how rich or poor a country is.
OTHER MEANINGS
2. A number used to compare how big different countries' economies are.
The country with the highest GDP is not always the happiest.
3. The value of all goods and services made inside a country in one year.
Farmers, factories, and shops all add to the GDP.
4. A way to measure if a country is growing or shrinking.
When GDP goes up, people say the economy is growing.