GDP Expenditure

`GDP_"expenditure" = C + "I" + "G" +( "X" - "M" )`

Enter a value for all fields

The GDP by Expenditure calculator computes the GDP based on Expenditures.

INSTRUCTIONS: Choose currency units and enter the following:

(C) - Consumer Spending
(I) - Investment
(G) - Government Spending
(X) - Exports
(M) - Imports

GDP by Expenditure (GDP): The calculator returns the GDP in U.S. dollars. However, this can be automatically converted to compatible units via the pull-down menu.

Related Calculators

The Math / Science

The formula for the GDP by Expenditures is:

`GDP = C + I + G + (X-M)`

where:

GDP - Gross Domestic Product by Expenditures
C - Consumption: the measure of all spending a nation's consumers make on goods and services during a year
I - Investment: the Money spent by the businesses to acquire goods and services to help or maintain the business
G - Government Spending: Money a government spends on goods and services
X - Exports: Total value of exports
M - Imports: Total value of imports

Macroeconomics Calculators

Reference:

Mankiw, N. Gregory. "Chapter 10:The GDP Deflator." Principles of Macroeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 205. Print.