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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.
