Real gross domestic product
Real Gross Domestic Product (real GDP) is a macroeconomic measure of the
value of economic output adjusted for price changes (i.e., inflation or deflation). More »
DEFINITION of 'Real Gross Domestic Product (GDP)'. An inflation-adjusted
measure that reflects the value of all goods and services produced in a given
As a result, nominal GDP will often appear higher than real GDP. Nominal ... We
decode the meaning of the many letters that can follow the names of financial ...
Definition of real gross domestic product (real GDP): An economic assessment
that involves quantifying the inflation adjusted market value of goods and ...
financial-dictionary.thefreedictionary.com/Real Gross Domestic Product
Meaning of Real Gross Domestic Product as a finance term. ... Comparing real
GDP from year to year shows the amount an economy has grown or shrunk and ...
Definition of real GDP: The number reached by valuing all the productive activity
within the country at a specific year's prices. When economic activity...
Please note that the term "real" has a different meaning when considering data in
Purchasing Power Parity (PPP) terms. While "nominal" GDP in the International ...
What's the difference between Nominal GDP and Real GDP? ... they are often
talking about nominal GDP, which can be defined as the total economic output of
Apr 21, 2015 ... Definition: Real GDP is the economic output of a country minus the effect of
inflation. This means it reports the GDP (Gross Domestic Product) ...
Nov 28, 2012 ... Real GDP per Capita Definition. GDP, Gross Domestic Product measures the
national output of an economy. This measures the volume of ...