Word info

economic output

Noun

Meaning

economic output (countable and uncountable, plural economic outputs)

The productivity of a country or region, measured by the value of goods and services produced.
The economic output of all countries in the EU has increased considerably during the last three decades.

Source: en.wiktionary.org

Examples

China has made important contribution to the world economy in terms of total economic output and trade, and the RMB has played a role in the world economic development. But making the RMB an international currency will be a fairly long process. Hu Jintao

By the year 2040, the world's population is likely to increase by about 2 billion people, with also projected economic output will be up about 130 percent versus the year 2010. Rex Tillerson

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