Glossary Finance

GDP

GDP is the total value of goods and services produced in a country in a period, the standard measure of the size of an economy.

Last reviewed: 2026-10-03

In more detail

The expenditure approach adds consumption, investment, government spending and net exports: GDP = C + I + G + (X − M). For C = 12,000, I = 3,500, G = 4,000, X = 2,500 and M = 3,000, GDP is 19,000. Dividing by population gives GDP per capita.

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Calculate Gross Domestic Product (GDP) using the expenditure approach — consumption, investment, government spending, and net exports.

In more detail

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GDP Calculator

See also