Investopedia / Michela Buttignol The real economic growth rate, or real GDP growth rate, measures economic growth, as expressed by gross domestic product (GDP), from one period to another ...

real (inflation-adjusted), or PPP (purchasing power parity) terms. At a basic interpretation, per-capita GDP shows how much economic production value can be attributed to each individual citizen.

What Is a Simple Definition of GDP? Gross domestic product is ... 19.2 Adjusting Nominal Values to Real Values.” U.S. Bureau of Economic Analysis. “BEA in Brief: The Making of GDP.” ...

Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...

sourced from the Bureau of Economic Analysis (BEA) on real GDP in chained 2017 dollars, used to provide a true picture of economic growth as opposed to using nominal GDP figures, which don’t ...