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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

  • Belgium

    QFINANCE Country Profiles

    capita GDP (ranked consistently in the top 30), and borders the Netherlands, Germany, Luxembourg, and France. Capitalizing on its central geographic location, Belgium has built a highly developed transport network, and established a well-diversified industrial and commercial base. With few natural

  • Finland

    QFINANCE Country Profiles

    Finland recorded large budget surpluses until the global economic downturn, with the budget surplus surging to 5.25% in 2007, for example—buoyed by economic expansion, strong property revenues, and moderate spending. The level of state debt was also low (equivalent to 29% of GDP at the end of 2008


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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