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

## 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

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

**Next, determine the deflation**The deflation is the rate of decrease of value of money in that given country.

**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.

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