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Home > QFINANCE Dictionary > Definition of GDP

Definition of



all goods and services produced by economy the total flow of goods and services produced by an economy over a quarter or a year, measured by the aggregate value of goods and services at market prices.

Related definitions of "GDP"

GDP - Related Articles
  • Greece

    QFINANCE Country Profiles

    accounting for about 40% of GDP, and with per capita GDP of at least 75% of the leading eurozone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the workforce, mainly in agricultural and unskilled jobs. In 2010, the poor state of the country’s finances has posed a threat

  • Lebanon

    QFINANCE Country Profiles

    ’s government debt/GDP ratio (at nearly 150%) remains among the highest in the world, its large banking system (with assets of more than three times GDP) is excessively exposed to public debt issued by the Government of Lebanon (56% of assets) and dependent on inflows of nonresident deposits, while the country

  • Australia

    QFINANCE Country Profiles

    Australia has a strong economy with a per capita GDP that is comparable to that of the United Kingdom, France, and Germany. Low inflation, and an active program of developing export ties with Asia, and particularly with Japan and China, have been key factors in promoting 17 years of continuous growth for the country’s economy

  • Austria

    QFINANCE Country Profiles

    In September 2008, the authorities passed a stimulus package that envisaged a fiscal impulse of 0.3% of GDP in 2008 and additional stimulus in 2009–10. The 2009–10 budget includes a stimulus package of 1.5% of GDP in 2009 and an additional 0.4% of GDP in 2010. The fiscal measures were largely


Definitions of ’GDP’ and meaning of ’GDP’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’GDP’ and other financial terms with our online QFINANCE Financial Dictionary.

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