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Real GDP Calculator

LAST UPDATE: August 26th, 2018

Real GDP Calculator

What is real GDP?

Real GDP is a variation of GDP adjusted for price changes such as inflation or deflation. It is an adjustment of Nominal GDP.

It is expressed in relation to an index point in time (for example, “2010 dollars”).

Formula

Real GDP = (Nominal GDP / GDP deflator) x 100

Example

In a country, nominal GDP is $1,000,000 and the GDP deflator is 125.

Real GDP = ($1,000,000 / 125) x 100 = $8,000 x 100 = $8,000,000

Therefore, real GDP is $8,000,000.

Sources and more resources