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🇰🇷Korean Source WordCode: KO

국내총생산

Pronunciation / Transliteration: guknae chongsaengsan

🇬🇧 Direct English Meaning:
GDP/ˌdʒiː.diːˈpiː/
nounCEFR B2 (Upper)Top #850 frequency
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🇰🇷 Example Sentence in Korean:

"올해 국내총생산 성장률이 둔화될 것으로 예상됩니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The total monetary value of all finished goods and services produced within a country's borders in a specific time period.

    "The country's GDP grew by two percent in the third quarter."
  2. 2

    A broad measure of a nation's overall economic health and standard of living.

    "Policymakers often rely on GDP figures to determine whether to stimulate or cool down the economy."
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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The acronym GDP stands for Gross Domestic Product, derived from the English adjectives 'gross' (total) and 'domestic' (home country), combined with 'product' from the Latin 'productum' (that which is produced). It emerged in the mid-20th century as a standard macroeconomic metric following the Bretton Woods conference to measure national economic output.

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