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What (who) is GDP$503299$ - definition
TYPE OF POTENTIAL
Natural gross domestic product; Potential GDP; Potential gdp; Natural gdp; Actual GDP
gross domestic product
 in 2014.svg?width=200)
 per capita in 2022 by IMF.png?width=200 "}")
 per capita in 2022.svg?width=200 "}")
![YoY]] Quarterly gross domestic product growth rate](https://commons.wikimedia.org/wiki/Special:FilePath/Quarterly gross domestic product.png?width=200 "YoY]] Quarterly gross domestic product growth rate")
![CO<sub>2</sub> emissions]] from fossil-fuel combustion and industrial processes changed compared with global GDP.<ref name="gdp-affluence" />](https://commons.wikimedia.org/wiki/Special:FilePath/Relative change in main global economic and environmental indicators from 1970 to 2017.webp?width=200 "CO<sub>2</sub> emissions]] from fossil-fuel combustion and industrial processes changed compared with global GDP.<ref name=\"gdp-affluence\" />")
MARKET VALUE OF GOODS AND SERVICES PRODUCED WITHIN A COUNTRY
Gross Domestic Product; Gross Domestic Product (GDP); Measuring GDP; GDP; Gross domestic produce; GDPi; C+I+G+(X-M); Gdp; Per capita GDP; Nominal GDP; Economic product; True Gross Domestic Product; GSDP; Total output; Per capita output; GDP 2009; Gross domestic product (GDP); Nominal (GDP); GDP (nominal); GDP (nominal) per capita; GDP (PPP) per capita; NGDP; Nominal gross domestic product
(gross domestic products)
A country's gross domestic product is the total value of all the goods it has produced and the services it has provided in a particular year, not including its income from investments in other countries. (BUSINESS)
= GDP
N-VAR
Gross Domestic Product
MARKET VALUE OF GOODS AND SERVICES PRODUCED WITHIN A COUNTRY
Gross Domestic Product; Gross Domestic Product (GDP); Measuring GDP; GDP; Gross domestic produce; GDPi; C+I+G+(X-M); Gdp; Per capita GDP; Nominal GDP; Economic product; True Gross Domestic Product; GSDP; Total output; Per capita output; GDP 2009; Gross domestic product (GDP); Nominal (GDP); GDP (nominal); GDP (nominal) per capita; GDP (PPP) per capita; NGDP; Nominal gross domestic product
A measure of the market value of all goods and services produced within the boundaries of a nation, regardless of asset ownership. Unlike gross national product, GDP excludes receipts from that nation's business operations in foreign countries, as well as the share of reinvested earnings in foreign affiliates of domestic corporations.
gross domestic product
MARKET VALUE OF GOODS AND SERVICES PRODUCED WITHIN A COUNTRY
Gross Domestic Product; Gross Domestic Product (GDP); Measuring GDP; GDP; Gross domestic produce; GDPi; C+I+G+(X-M); Gdp; Per capita GDP; Nominal GDP; Economic product; True Gross Domestic Product; GSDP; Total output; Per capita output; GDP 2009; Gross domestic product (GDP); Nominal (GDP); GDP (nominal); GDP (nominal) per capita; GDP (PPP) per capita; NGDP; Nominal gross domestic product
¦ noun the total value of goods produced and services provided within a country during one year.
Wikipedia
Potential output
In economics, potential output (also referred to as "natural gross domestic product") refers to the highest level of real gross domestic product (potential output) that can be sustained over the long term. Actual output happens in real life while potential output shows the level that could be achieved.
