Gross Domestic Product Calculator

Formula

The formula to calculate the Gross Domestic Product is:

\[ \text{GDP} = \text{Private Consumption} + \text{Gross Investment} + \text{Government Consumption} + \text{Net Exports of Goods and Services} \]

Where:

$\text{Private Consumption}$ is the value of the consumption goods and services acquired and consumed by households.
$\text{Gross Investment}$ is the amount spent by a company or an economy on capital assets.
$\text{Government Consumption}$ is the expenditure by the government on goods and services produced in the economy.
$\text{Net Exports of Goods and Services}$ is the difference between a country's total value of exports and the total value of imports.

Gross Domestic Product is the monetary value of all the finished goods and services produced within a country's borders in a specific time.

Let's assume the following values:

Using the formula:

\[ \text{GDP} = 1,215 + 80,000 + 780,000,000 + 30,000 \]

Evaluating:

\[ \text{GDP} = 780,111,215 \]

The Gross Domestic Product is $780,111,215.

Private Consumption	Gross Investment	Government Consumption	Net Exports	Gross Domestic Product
1000	75000	780000000	30000	780,106,000.00
1000	80000	780000000	30000	780,111,000.00
1000	85000	780000000	30000	780,116,000.00
1500	75000	780000000	30000	780,106,500.00
1500	80000	780000000	30000	780,111,500.00
1500	85000	780000000	30000	780,116,500.00
2000	75000	780000000	30000	780,107,000.00
2000	80000	780000000	30000	780,112,000.00
2000	85000	780000000	30000	780,117,000.00