Guide to GDP Formula. We discuss the calculation of GDP using 3 types of formulas (Expenditure, Income & Production Approach) with examples.

Oct 18, 2025 · GDP per capita is calculated by dividing total GDP by population, while PPP uses pricing on a common "basket of goods" to adjust for local prices and living costs.

Figure 4 shows the components of GDP by Type of Product, expressed as a percentage of GDP, since 1960. Services are the largest single component of GDP, representing over half.

This free GDP calculator computes GDP using both the expenditure approach as well as the resource cost-income approach.

May 14, 2025 · Calculate GDP using expenditure, income, or production methods. Analyze growth, real vs. nominal GDP, and per capita output with clear steps and visuals.

You can use this Gross Domestic Product (GDP) calculator to determine the GDP of a given country based on its income and expenditure. Simply choose the calculation approach you wish to employ, …

We designed the GDP calculator (Gross Domestic Product) to help you determine the value of all final goods and services produced within a country in a given period.

This GDP formula takes the total income generated by the goods and services produced. GDP = Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income

Master Calculating GDP with free video lessons, step-by-step explanations, practice problems, examples, and FAQs. Learn from expert tutors and get exam-ready!

For real GDP, divide nominal GDP by a price deflator. GDP per capita equals GDP divided by population. Enter the required numbers for consumption, investment, government spending, exports, …