My Surajo Abdulaziz Definition Gross domestic product (g d f) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. The formula for calculating G D P . G D P = private consumption + gross private investment + government investment + government spending + ( exports- imports). G D F is usually calculated by the national statistical agency of the country following the international standard. G D F analysis for Uganda = In 2021 agriculture contributes around 23. 84 percent to the g d f of Uganda, 27. 15 percent come services sector.