Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. For example, if prices rose by 5% since the base year, then the ...

The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...

The median forecast of a Bloomberg poll of 15 analysts estimated the GDP deflator, a broad metric of price changes in an economy, would hit 0.2 percent this year. The GDP deflator, which measures ...

The GDP deflator measures changes in the price of domestic goods and services and excludes the price of imports, such as petroleum. In fiscal 2023, the GDP deflator increased by 4.1 percent over ...

After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the ...

The GDP figure in current prices totaled 171.041 trillion rubles ($1.88 trillion). The GDP deflator index in 2023 against 2022 prices moved up by 6.3%. The national GDP lost 1.2% in 2022.

Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...

Referring to the nominal GDP growth projection of 10.1 percent for FY26, Seth said that the finance ministry has assumed a ...

Combined household and state consumption accounted for 68.8% of Russian GDP in 2024, up from 68.4% in 2023, Rosstat said. Household consumption accounted for 49.7% of GDP in 2024, up from 47.6% a year ...