Gross Domestic Product (GDP) is a measure used to gauge the economic performance of a country. It represents the total monetary value of all goods and services produced within the borders of a country during a specific time period, typically annually or quarterly.
GDP encompasses the output of all sectors of the economy, including consumption, investment, government spending, and net exports (exports minus imports). It is one of the key indicators used by economists and policymakers to assess the overall health and growth of an economy.
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