GDP Expenditure

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

• Gross Domestic Product (GDP) by Expenditure Method
• Gross Domestic Product (GDP) by Income Method
• Gross Domestic Product (GDP) Deflator

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

• Income Elasticity of Demand
• Cross-Price Elasticity of Demand
• Price Elasticity of Demand
• Price Elasticity of Supply
• Total Surplus
• Consumer Surplus
• Producer Surplus
• GDP Growth
• GDP Deflator
• GDP by Income
• GDP Expenditure
• Net Capital Outflow
• Net Exports and Net Capital Outflow
• Dollar Conversion from Different Times
• Unemployment Rate (Friedman and Phelps)
• National Saving
• Domestic Investment
• Unemployment Rate
• Inflation Rate in Year 2 (using CPI)
• Labor Force
• Labor-Force Participation Rate
• Net Exports
• Real Exchange Rate
• Currency Converter
• Midpoint Method for Price Elasticity of Demand
• Income Elasticity of Demand
• Simple Price Elasticity of Demand

Reference:

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