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.

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

To calculate the real GDP, add the nominal GDP to the nominal GDP times the deflation rate.

Real GDP Definition

A real GDP or real gross domestic product is the GDP of a country after deflation has been accounted for.

How to calculate real GDP?

How to calculate real GDP

  1. First, determine the nominal GDP

    Using an online database that tracks gross domestic product, determine the GDP of the country is analyzed.

  2. Next, determine the deflation

    Deflation is the rate of decrease of the 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.


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.