Logo

CountryDateGDP Growth ( %)
United States [+]20152.6%
United Kingdom [+]20152.2%
France [+]20151.3%
Spain [+]20153.2%
Italy [+]20150.7%
Portugal [+]20151.6%

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