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GDP full form 

Hey friends today, I will tell you What is GDP full form and how to calculate GDP -
 


GDP full form


GDP full form

GDP FULL FORM







GDP full form is Gross Domestic product.GDP‌ is the value of the goods produced inside a country in the world market i.e. when the value of goods made in a country or services in that country is in the total market (in the world market) It is the GDP of that country. It is the GDP that measures the economic system of a country, EC measures the growth of a country and from this the decline of a country is measured. The country with highest GDP for undeveloped the country is growing more and come in GDP of countries undeveloped countries. It is the GDP that determines the budget in the country. In which GDP plays an important role



 GDP is the easiest way by which we can measure the economic situation of a country. There are many ways to calculate GDP by which we can measure GDP. One of which I have given a formula to calculate GDP, so that you will be able to calculate GDP very easily.








GDP =C+l+G+(x-m)




G = goverment spending


 I = investment


X = export


C = consumption
M = import




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