Gross domestic product GDP

{
  "id": "MLC-T-INS-001662",
  "term": "Gross domestic product GDP",
  "field": "Insurance and risk management",
  "definition": "The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period, typically a year. It serves as a broad measure of a country's overall economic activity and health. Changes in GDP can influence the demand for insurance products and the financial performance of the insurance industry.",
  "url": "https://mlchart.com/terminology/insurance/gross-domestic-product-gdp/"
}