What is another word for gross domestic product?
Pronunciation: [ɡɹˈə͡ʊs dəmˈɛstɪk pɹˈɒdʌkt] (IPA) 
Gross domestic product (GDP) is a widely used economic indicator to measure the value of goods and services produced within a country in a particular time frame. However, in different contexts, different synonyms are used to describe the same concept. For example, in the USA, GDP is often referred to as gross national product (GNP), which includes the value of goods and services produced by citizens and companies of the country, both domestically and abroad. Another commonly used synonym is gross output (GO), which includes the total value of goods and services produced, including intermediate goods and services. Lastly, gross value added (GVA) focuses on the value that each economic sector adds to the final product, making it more specific than GDP.
