Investor Glossary-gdpInvestor Glossary-gdpInvestor Glossary-gdpInvestor Glossary-gdpInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

GDP

The HTML to link to this page
 

In economics, GDP means Gross Domestic Product. GDP is defined as the value of all goods and services produced within the geographic territory of an economy in a given interval, such as a year. GDP is distinguished from GNP, or Gross National Product, which is defined as the value of goods and services produced in a given interval by factors of production owned within an economy. More simply, GDP measures income generated within a territory whereas GNP measures income received within it. GDP and GNP are the most commonly known measures of national income and output. Nominal GDP is a measure of money spent. Real GDP corrects the gross nominal GDP figure for inflation, making real GDP more useful for historical comparison. Nominal GDP is sometimes called money GDP, and real GDP is sometimes called inflation-corrected GDP or constant price GDP. A well-known textbook formula defines GDP as the sum of consumer expenditure, business investment, government expenditure, and next exports. US GDP statistics are compiled and released quarterly by the Commerce Department's Bureau of Economic Analysis.



Rate this GDP definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, FTSE, EBITDA, FICO score, 401a, reverse mortgage, liquidity ratio, average price per share, phantom income, cancelled check, 144a, retained earnings, inflation, class C shares, LIBOR, diluted share, Key Rate Duration, APR, command economy, minority interest, option premium, balance sheet, ex-dividend, VIX, stock split, risk management, debt service coverage, implied volatility, real GDP, deferred revenue, 1035 exchange, required rate of return, quality assurance, covered put, stock market close, ex-dividend date, labor relations, annual return, Zero Cost Collar, current ratio, dividends payable, 1031 exchange, limit order, open position, per diem, margin rate, irrevocable trust, deferred tax, wholly-owned subsidiary


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use