The Gross Domestic Product reference article from the Simple Wikipedia on 01-May-2004 (provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Gross Domestic Product

Gross Domestic Product (GDP) of a nation is a value got by adding up its output inside the borders of that country. To know the GDP of a country, you need to add up the consumer spending, investment spending, government spending and the value of the exports and subtract the value of the imports.

This measure is often used to find out the health of a country in an economic way. In other words, a country with a high value of GDP can be called a big or a large economy.

This measure is different from Gross National Product (GNP).

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