All three methods should theoretically yield the same result. However, the most famous GDP formula uses the expenditure approach: GDP = Consumption + Government Spending + Investment + Net Exports.

Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

He ultimately confirmed the "2 percent of GDP" formula. But as for deciding on a massive defense budget increase that presupposes the introduction of long-range missiles, his timing was all wrong ...

Imports and exports are important components of the expenditure method of calculating GDP. The formula for GDP is: Exports minus imports (X – M) equals net exports in this equation. The net ...

When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...