Constant dollar GDP solves this problem by converting the current information into some standard era dollar, such as 1997 dollars. This process factors out the effects of inflation and allows easy comparisons between periods. It is important to differentiate Gross Domestic Product from Gross National Product (GNP). GDP includes only goods and services produced within the geographic boundaries of the U.S., regardless of the producer's nationality.
http://www.investorwords.com/2240/Gross_Domestic_Product.html
Selection of GDP PPP data (top 10 countries and blocks, 2016) in no particular order. Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly). Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons.
https://en.wikipedia.org/wiki/Gross_domestic_product
The second way of estimating GDP is to use the sum of primary incomes distributed by resident producer units. If GDP is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. (By definition, GDI = GDP.
https://en.wikipedia.org/wiki/Gross_domestic_product
What it is: Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
http://www.investinganswers.com/financial-dictionary/economics/gross-domestic-product-gdp-1223
gross domestic product in Culture Expand. gross domestic product (GDP) The monetary value of all of a nation's goods and services produced within a nation's borders and within a particular period of time, such as a year. It became the official measure of the U.S. economy in 1991.
http://www.dictionary.com/browse/gross-domestic-product
Home » Financial Dictionary » Economics. Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
http://www.investinganswers.com/financial-dictionary/economics/gross-domestic-product-gdp-1223
At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by a country's citizens at home and abroad rather than its 'resident institutional units' (see OECD definition above).
https://en.wikipedia.org/wiki/Gross_domestic_product
Gross Domestic Product. GDP. The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports. The GDP report is released at 8:30 am EST on the last day of each quarter and reflects the previous quarter.
http://www.investorwords.com/2240/Gross_Domestic_Product.html
gross domestic product. 1. the total value of all goods and services produced domestically by a nation during a year. The monetary value of all of a nation's goods and services produced within a nation's borders and within a particular period of time, such as a year. It became the official measure of the U.S. economy in 1991.
http://www.dictionary.com/browse/gross-domestic-product
Gross Domestic Product (GDP) Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time. The Department of Commerce releases GDP data for the U.S. economy on a quarterly basis at 8:30 am EST on the last business day of the next quarter.
http://www.investinganswers.com/financial-dictionary/economics/gross-domestic-product-gdp-1223
gross domestic product definition
The definition of gross domestic product is the total value of all goods and services produced domestically by a nation during a year. The definition of Gross Domestic Product is, the total value of all goods and services produced domestically by a nation during a year.