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 ...

This calculation is done by factoring in a GDP deflator. A GDP deflator is the quotient of nominal GDP divided by real GDP divided by 100, so this method is only useful in determining real GDP if ...

The conclusion came from a study into the so-called GDP deflator conducted by The Asahi Shimbun. The GDP deflator measures changes in the price of domestic goods and services and excludes the ...

The GDP deflator being used in India’s official estimates is a weighted average of wholesale and retail price indices. The Wholesale Price Index (WPI), 2011-12 series has shown high volatility ...

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.

This is expected to make estimation of real GDP more close ... also take this series backwards for a better analysis and understanding of the trends in the national income deflator in India ...