# GDP

/ˈɡiˈdiˈpi/ (US)

Source: https://englishreference.com/word/gdp
Updated: 2026-08-08

## Senses

### 1. economic measure

noun · CEFR B2 · Academic · Technical

Stands for Gross Domestic Product. It is the total value of everything a country makes and every service it provides in a year.

For teachers: Abbreviation for Gross Domestic Product. The standard measure of the value added created through the production of goods and services in a country during a certain period.

- The government reported that the national GDP grew by three percent last year.
- Economists argue that while GDP provides a snapshot of economic activity, it fails to account for income inequality or environmental degradation.

Usage: Usually used as an uncountable noun without an article when referring to the concept, or with 'the' when referring to a specific figure.

Teaching tip: Learners often confuse this with GNP (Gross National Product); remind them that GDP focuses on what is produced within a country's borders.

### 2. biochemistry molecule

noun · CEFR C2 · Technical

Stands for Guanosine Diphosphate. It is a chemical in your body that helps cells use energy.

For teachers: Abbreviation for Guanosine Diphosphate. A nucleotide that is important in metabolism and in the transfer of energy in cells.

- In the cell, energy is released when GTP is converted into GDP.
- The conversion of GTP to GDP by G-proteins acts as a molecular switch in many signal transduction pathways.

Usage: Used as an uncountable noun in scientific contexts.

Teaching tip: This sense is highly specialized and only necessary for students of biology or chemistry.

## Examples

- The country's GDP grew by three percent this year.
- Economists are worried that the recent drop in GDP suggests the country is entering a recession.
- While GDP provides a useful snapshot of economic activity, critics argue it fails to account for wealth inequality or the environmental costs of industrial production.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.
