What is this calculator?
Calculate nominal GDP using the expenditure approach.
What can you use it for?
Use it for practical planning, conversions, measurement or checking the result described here. Calculate nominal GDP using the expenditure approach.
How to use it
- Enter consumption.
- Enter investment.
- Enter government spending.
- Enter exports.
- Enter imports.
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
The formula uses the units and definitions shown above. Each input is substituted before the arithmetic is evaluated; the calculated output is rounded for display.
Worked example
Consumption: 1000, Investment: 300, Government spending: 400, Exports: 200, Imports: 150. The result is 1,750 (result).
Assumptions and limits
All inputs must use the same currency and accounting period.
Frequently asked questions
What inputs does the GDP Calculator need?
Use consumption, investment, government spending, exports, imports. Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the GDP Calculator?
All inputs must use the same currency and accounting period.