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What is 'Gross Domestic Product - GDP'. Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well.
Summary The world's GDP-Official Exchange Rate is equal to 74,899,882 $ (Millions). The countries with the highest GDP-Official Exchange Rate are United States, China, Japan, Germany, France with a GDP-Official Exchange Rate of (16,720,000), (9,330,000), (5,007,000), (3,593,000), (2,739,000) $ (Millions) respectively.