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German to English translations [PRO] Bus/Financial - Government / Politics
German term or phrase:Bruttoinlandsprodukt
I understand that Bruttoinlandsprodukt is gross domestic product, but can someone clarify the word in this context: "In einem Radius von nur 300 Kilometer rund um Köln werden 40 Prozent des gesamten Bruttoinlandsproduktes der Europäischen Union erwirtschaftet." Does this mean 40% of the EU or of Germany's share in the EU? What confuses me is "Inlands" Produkt.