Real GDP Calculator
Parameter | Description | Example Value |
---|---|---|
Nominal GDP | The total market value of all final goods and services produced within a country in a specific period, measured in current prices. | $20 trillion |
GDP Deflator | The measure of the level of prices of all new, domestically produced, final goods and services in an economy. | 110 |
Real GDP | The total market value of all final goods and services produced within a country in a specific period, adjusted for inflation (Nominal GDP / GDP Deflator * 100). | $18.18 trillion |