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GDP Calculator

The GDP (Gross Domestic Product) can be calculated by either expenditure approach or resource cost-income approach.

Expenditure Approach

With this approach:
GDP = personal consumption + gross investment + government consumption + net exports of goods and services

personal consumption  
gross investment  
government consumption  
export  
import  
 

Resource Cost-Income Approach

With this approach:
GNP (Gross National Product) = employee compensation + proprietors' income + rents + corporate profits + interest income
GDP = GNP + indirect business taxes + depreciation + net income of foreigners*

employee compensation  
proprietors' income  
rents  
corporate profits  
interest income  
indirect business taxes  
depreciation  
net income of foreigners*  
 

* net income of foreigners = the income foreigner earn domestically minus the income that domestic citizens earn abroad