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GDP Calculator

Calculate Gross Domestic Product using expenditure, income, or production approaches

GDP Calculation Method

Select calculation approach and enter economic data

Additional Metrics (Optional)

GDP Calculation Methods

Expenditure Approach:

GDP = C + I + G + (X - M)
Measures total spending on domestic production

Income Approach:

Sums all incomes earned in production
Wages + Profits + Rent + Interest + Taxes

Production Approach:

Sums value added by all economic sectors
Agriculture + Manufacturing + Services

Economic Indicators

GDP Growth Rates:
  • Above 4%: Strong economic growth
  • 2-4%: Moderate healthy growth
  • 0-2%: Slow growth or stagnation
  • Below 0%: Economic recession
Real vs Nominal GDP:
  • Nominal: Current year prices
  • Real: Adjusted for inflation
  • GDP Deflator: Price index measure
  • Base year: Reference point (usually 100)

International GDP Comparisons (2023 Estimates)

Largest Economies (Nominal GDP):

🇺🇸 United States: $26.9T
🇨🇳 China: $17.7T
🇯🇵 Japan: $4.9T
🇩🇪 Germany: $4.3T
🇮🇳 India: $3.7T
🇬🇧 United Kingdom: $3.1T

Highest GDP Per Capita:

🇱🇺 Luxembourg: $115K
🇳🇴 Norway: $89K
🇮🇪 Ireland: $84K
🇨🇭 Switzerland: $83K
🇺🇸 United States: $80K
🇩🇰 Denmark: $68K