Gross Domestic Product Calculator
Gross Domestic Product(GDP)is a basic measure of a country's 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.
|
Related Topics
|
Formulas Used:
personal consumption + gross investment + government consumption + net exports of goods and services
The most common approach to measuring and quantifying GDP is the expenditure method:
GDP = private consumption + gross investment + government spending + (exports - imports), or,Gross Domestic Product = C + I + G + (X - M).Free Financial Calculators online.
