The GDP calculation accounts for spending on both exports and imports. Thus, a country’s GDP is the total of consumer spending (C), business investment (I), government spending (G), ...

The GDP calculation accounts for spending on both exports and imports. Thus, a country’s GDP is the total of consumer spending (C), business investment (I), government spending (G), ...

The calculation of GDP, real and nominal, is hinged on what is referred to as the base year. That is the year that prices are adopted to calculate the GDP figures in subsequent years.

Real GDP Calculation. Calculating real GDP is a complex process typically best provided by the BEA. In general, you calculate real GDP by dividing nominal GDP by the GDP deflator (R).

Calculation of GDP, real and nominal, is hinged on what is referred to as Base Year. That is the year which prices are adopted to calculate the GDP figures in subsequent years.

It's very rare for anyone to mention the dollar amount of GDP. The calculation How does one calculate the real GDP growth rate? In the U.S., the growth rate the BEA reports is a quarter-on-quarter ...

The United States' Gross Domestic Product (GDP) contracted at an annual rate of 0.5% in the first quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This reading came in worse ...