Gross Domestic Product

According to Wikipedia,

"Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries" […] (and citing IMF) "GDP measures the monetary value of final goods and services—that are bought by the final user—produced in a country in a given period of time (say a quarter or a year)."[1]

1. Wikipedia - Gross domestic product, visited 2020-02-12