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Glossary   >   G   >   "Gross domestic product" Definition            Gross domestic product The value of all goods and services created within an economy. It equals gross national product minus income from abroad. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Gross domestic product - The value of all goods and services created within an economy. It equals gross national product minus income from abroad.