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FRED: Federal Reserve Economic Data: Gross Domestic Product

Gross Domestic Product (GDP)

Gross Domestic Product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Gross Domestic Product is usually calculated on an annual basis to include all private and public consumption, government expenditures, investments, and exports less imports that occur within a country or defined territory. Notice the arrow at the top right, it points out an area used to changed year information for the graph. Use the "Add data series," to find information to plug into a graph and use the tutorials outlined in the left for assistance.

GDP = C + G + I + Nx

GDP = C (all private consumption) + G (government spending) + I (sum of business spending on capital) + Nx (Net Exports)