GFinance glossary

Gross Domestic Product (GDP)

Quick definition

A measure of a country's wealth.

Overview

Gross domestic product (GDP) is the total value of all goods and services produced in a country over a given period, used as an indicator of economic health.

Common uses

Macroeconomic analysis
International comparison
Assessing economic growth

Examples of use in small businesses

Market analysis
Expansion strategies
Economic forecasting

← Back to glossary

FREE FOREVER PLAN

Start Managing Your Finances for Free

Join 2,500+ businesses using Trezy. Our free plan gives you real financial visibility — upgrade anytime for advanced features like AI forecasting and multi-bank sync.

Free forever plan

No credit card required

Ready in under 5 minutes

Get Started Free

or see pricing