Gross Domestic Product Calculator

Category Financial
Financial Economy
Economy
Selected Formula
Private Consumption (Input)
Gross Investment (Input)
Government Consumption (Input)
Net Exports of Goods and Services (Input)
  • Private Consumption - Private consumption is defined as the value of the consumption goods and services acquired and consumed by households.
  • Gross Investment - Gross Investment is the amount spent by a company or an economy on capital assets.
  • Government Consumption - Government Consumption is something which buys goods and services produced in the economy and which is not a transfer payment of money collected in taxation from one group in society to another.
  • Net Exports of Goods and Services - Net exports are the difference between a country's total value of exports and total value of imports.

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What is Gross Domestic Product?

We need calculators on a regular basis in order to simplfy the complex process of calculating. Gross Domestic Product calculator provides for the same. We have simplified the entire process of calculating Gross Domestic Product. All you have to do is provide the input values and hit calculate. You will get the answer for Gross Domestic Product without getting into the complex process of actually calculating anything. The definitions and meanings of all variables used in the formula are also provided. If you don’t have the values of all variables and you need to calculate some, even that is possible as we provide you different variants and derived formulae as well.