Gross Domestic Product (GDP) Calculator

 Gross Domestic Product Calculator

An online GDP formulas,definition and calculation.

  

To calculate GDP Growth Rate, Real GDP, GDP Deflator, GNP (Gross national product) and so on. Click Here

What is GDP

Gross Domestic Product(GDP) is a monetary measure pf the value of all final goods and services produced in a period(Quarterly or Annualy)

The best common approach to measuring and quantifying GDP is the expenditure method is as follows

Formula

GDP = Consumption + Government Expenditures + Investment + Exports - Imports

Where,

Consumption: Durable goods, Nondurable goods,Services

Government Expenditures: Defense,Roads,Schools

Investment Spending: Nonresidential, Residential,Business inventories

Net Exports:Exports are added to GDP.Imports are deducted from GDP