Register
GDP Calculator
The GDP (gross domestic product) can be calculated using either the expenditure approach or the resource cost-income approach below. If any clarification on the terminology or inputs is necessary, refer to the information section below the calculators.
GDP Calculator 🤑
Personal Consumption
Gross Investment
Government Consumption
Exports
Imports
GDP Result
GDP Calculator:
Calculate the GDP (gross domestic product) using the expenditure or resource cost-income approach:
Let's use the expenditure approach to calculate the GDP of a country. The formula for the expenditure approach is GDP = C + I + G + (X - M), where C is consumption, I is investment, G is government spending, X is exports, and M is imports.
Input the values for consumption, investment, government spending, exports, and imports into the calculator.
The result is the GDP of the country based on the expenditure approach.
$X billion (or the calculated value)
Alternatively, you can use the resource cost-income approach to calculate GDP. The formula for this approach is GDP = W + I + R + P, where W is wages, I is interest, R is rent, and P is profit.
Input the values for wages, interest, rent, and profit into the calculator.
The result is the GDP of the country based on the resource cost-income approach.
$Y billion (or the calculated value)
See more tools
.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
