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GDP Calculator

Find gross domestic product by the expenditure approach (C + I + G + X − M) or the income approach.

Change the values and press Calculate to work out your own figures.

Expenditure approach

Enter consumption, investment, government spending, exports and imports.

About personal consumption (c)Household spending.
About gross investment (i)Business investment, homes and inventories.
About government spending (g)Government consumption and investment.
About exports (x)Sold abroad.
About imports (m)Bought from abroad.
About currencyChanges how amounts are shown, not the math; your choice is remembered on this device.
Result
GDP
$22,400.00
Net exports (X − M)
−$600.00

GDP is $22,400.00.

Show the working
  1. GDP = C + I + G + (X − M)

Income approach

Enter the incomes, taxes, depreciation and foreigners' net income.

About employee compensationWages, salaries and benefits.
About proprietors' incomeUnincorporated businesses.
About rental incomeOf persons.
About corporate profitsBefore tax.
About net interestInterest income less interest paid.
About indirect business taxesSales, excise and property taxes.
About depreciationCapital used up.
About net income of foreignersForeigners' income earned here minus residents' income earned abroad.
About currencyChanges how amounts are shown, not the math; your choice is remembered on this device.
Result
GDP
$21,400.00
National income
$16,800.00
GNP
$21,600.00

GDP is $21,400.00.

Show the working
  1. national income = compensation + proprietors' income + rent + profits + interest
  2. GNP = national income + indirect taxes + depreciation
  3. GDP = GNP + net income of foreigners

How to use it

Enter consumption, investment, government spending, exports and imports. Enter the incomes, taxes, depreciation and foreigners' net income.

Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.

Key facts

GDP = C + I + G + (X − M)
national income = compensation + proprietors' income + rent + profits + interest
GNP = national income + indirect taxes + depreciation
GDP = GNP + net income of foreigners

Questions

What is GDP if C = 15,000, I = 3,800, G = 4,200, X = 2,500 and M = 3,100?

22,400.

Formulas

GDP = C + I + G + (X − M)
national income = compensation + proprietors' income + rent + profits + interest
GNP = national income + indirect taxes + depreciation
GDP = GNP + net income of foreigners

Sources

Limitations

  • Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
  • Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.

Formula version 0.1.0Reviewed