Logo

CountryDateGDP Growth (%)
United States [+]20161.6%
United Kingdom [+]20161.8%
France [+]20161.2%
Spain [+]20163.2%
Italy [+]20160.9%
Portugal [+]20161.4%

Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. GDP per capita (GDP per citizen) is often considered an indicator of a country's standard of living.

Its formula is:

GDP = C + I + G + X-M

where:
C = Consumption I = Investment, G = government expenditure, X = Exports, M = imports