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Gross domestic product

Gross Domestic Product is the value of all goods and services produced by a country over a period of time, usually one year.

Evolution of world GDP

Evolution of gross domestic product in the last 10 years.

Source: International Monetary Found

This chart shows clearly how the global GDP normally tends to increase (the value of goods and services produced worldwide is increasing every year).

It also reflects the magnitude of the global crisis, with GDP declining in 2009.