Spanish Conversation · Level 101
60 words
Spanish word
PIB
Pronunciation
IPA/pib/
Meaning
- masculine noungross domestic product
Example
El PIB creció un 2% este año.
Gross domestic product increased by 2% this year.
More examples
La variación del PIB afecta la vida cotidiana.
The variation in gross domestic product affects everyday life.
Core concept
Sum of final goods and services produced inside a country.
Common phrases
variación del PIB
variation in gross domestic product
el PIB nacional
national gross domestic product
aumento anual del PIB
annual increase in gross domestic product
Similar words
producto interior bruto: Full formal phrase for gross domestic product, commonly used in Spain.
producto interno bruto: Full formal phrase for gross domestic product, commonly used in Latin America.
Definition in Spanish
Sigla que resume Producto Interior Bruto, es decir la suma del valor de todos los bienes y servicios finales producidos dentro de un país en un periodo.
Word origin
Formed as an acronym from Producto Interior Bruto, with interior meaning within the country's borders and bruto indicating the gross total.
Usage tips
- Both Producto Interior Bruto and Producto Interno Bruto are used in Spanish, but both shorten to PIB so expect regional variation in the full phrase.