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Gross Domestic Product (GDP) Calculator



Gross Domestic Product (GDP) Calculator

The Gross Domestic Product (GDP) Calculator helps calculating the gross domastic product of a country.

is a basic measure of a countrys economic performance and is the market value of all final goods and services made within the borders of a nation in a year . It is a fundamental measurement of production and is very often positively correlated with the standard of living.

The GDP equals to:

personal consumption + gross investment + government consumption + net exports of goods and services

Or: private consumption + gross investment + government spending + (exports - imports)

Gross Domestic Product = C + I + G + (X - M)

















 

 

Example of calculations that can be done using Gross Domestic Product (GDP) Calculator

Example of calculations that can be done using Gross Domestic Product (GDP) Calculator (GDP Calculator):

Given that:

Personal Consumption (C) equals 10,000

Gross Investment (I) equals 20,000

Government Spending (G) equals 50,000

Exports (X) equals 15,000

Imports (M) equals 5,000

 

According to our GDP Calculator, the GDP equals 90,000

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