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pil

GDP

noun PEEL Less Common

Origin: acronym of Prodotto Interno Lordo

Usage Note

PIL is the Italian acronym for gross domestic product, Prodotto Interno Lordo, and is treated as a masculine invariable noun. Like other acronyms it never takes a plural and is read letter by sound, pil. You will meet it constantly in economic news, as in crescita del PIL (GDP growth).

Examples

"Il PIL è cresciuto quest'anno."

Natural Translation

GDP grew this year.

Literal Translation

The GDP is grown this-year.

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