# Real GDP Calculator

Enter the nominal GDP and the GPD deflation into the real GDP calculator. The calculator will return the real gross domestic product.

## Real GDP Formula

The following formula is used to calculate the real gross domestic product.

RGDP = NGDP+ (NGDP*GDPD/100)

• Where RGDP is the real gross domestic product
• NGDP is the nominal gross domestic product
• GDPD is the deflation rate

How to calculate real GDP

1. First, determine the nominal GDP

Using an online data base that tracks gross domestic product, determine the GDP of the country being analyzed.

2. Next, determine the deflation

The deflation is the rate of decrease of value of money in that given country.

3. Calculate the real GDP

Enter the information from steps 1 and 2 into the formula or calculator above.

## FAQ

What is real GDP?

Real GDP is a measure of gross domestic product that takes into account the deflation of a currency of that country with respect to the rest of the world.

What is deflation?

Deflation is a process that occurs when a currency because more valuable with respect to other currencies over time.