FULL from of GDP.What is GDP and how is it calculated?

FULL from of GDP.What is GDP and how is it calculated?

FULL from of GDP.What is GDP and how is it calculated?

  • What is the full form of GDP,have you ever think of that may be you  know but if you don't know then why i am here i tell you that.
  • The Full Form of GDP is Gross Domestic Product
  • It is the hot topic of our country and we all heard about it.

  • What is GDP and how is it calculated?

  •  The formula  for calculating GDP is:
GDP = private consumption + gross investment + government investment + government spending + (exports – imports). 

  • What is a simple definition of GDP?


  1. Gross Domestic Product (GDP) is that the widest quantitative measure of a nation's total economic activity like growth,slowdown etc. More specifically, GDP represents the price of all goods and services produced within a nation's geographic borders over a specified period of  time.

  • What is term GDP used for
  1. GDP represents the total Economic/ financial/monetary/ Bounty value of all final goods and services produced and sell in the market of a country during a specific period of time (that is 1 year).
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