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 ...
The real economic growth rate is a "constant dollar" figure, avoiding the distortion from periods of extreme inflation or deflation to give a more consistent measure. GDP is the sum of consumer ...
The two nations’ contrasting challenges with prices in recent years help explain the widening ... By contrast, China has been battling deflation — its so-called GDP deflator has indicated ...
Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, data from the finance ministry and central bank showed Sunday.
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