What does Real GDP mean?
An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year.
Economists prefer to use Real GDP to compare economic output over time because it is adjusted for inflation.
Real GDP in German, French, Spanish and Italian
GermanReales BIP
Das um Preissteigerungen bereinigte Bruttoinlandsprodukt.
FrenchPIB réel
PIB corrigé des variations de prix (inflation) pour mesurer le volume réel.
SpanishPIB real
Valor de la producción total de un país ajustado por la inflación.
ItalianPIL reale
Valore della produzione di un paese depurato dalle variazioni dei prezzi.
Synonyms and opposites for Real GDP
- Synonym Constant price GDP
- Opposite Nominal GDP