Real GDP

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Real GDP

Inflation-adjusted measure of Gross Domestic Product.

Real GDP

Gross domestic product after accounting for inflation. Comparing real GDP from year to year shows the amount an economy has grown or shrunk and how this actually affects the economy because they show how the buying power of money has been affected. Nominal GDP, on the other hand, does not account for inflation. For example, if the nominal GDP has grown 10% and the inflation rate is 3%, the real GDP growth is 7%.
References in periodicals archive ?
The conclusions, however, are of course symmetric for decreases of real gross domestic product.
Real Gross Domestic Product per Capita Growth: Percentage change in GDP per capita computed on a local currency at constant prices.
Figure 1 illustrates the substantial similarity between the combined ratio and the real gross domestic product by graphing the series' spectral densities.
It is expected that the central bank could lower its forecast of real gross domestic product growth to between 0.
Real gross domestic product growth, led by exports, recorded a 5.
Although growth in real gross domestic product appears to have slowed in the spring, this slackening came on the heels of a dramatic surge in the opening months of the year; all indications are that the expansion remains well intact.
The report estimates that real Gross Domestic Product (GDP) will grow by about 2.
WASHINGTON, Aug 27 (KUNA) -- Real gross domestic product (GDP) in the United States rose 3.
As part of the annual budget review, the government expects Japan's real gross domestic product to rise by 1.
The nation's real gross domestic product is expected to rise 0.
The bank lowered its full year 2010 forecast for growth in China's real gross domestic product to 10.
Minutes of the Federal Open Market Committee said the staff's forecast that real gross domestic product would grow below trend for the next year and a haft was a key factor in its decision to let up after more than two years of steady rate hikes.