Macroeconomics

Real GDP

Definition

What is Real GDP?

Gross domestic product adjusted for changes in prices.

Example in practice

Real GDP growth shows whether output increased beyond inflation.

Keep learning

The total market value of final goods and services produced within a country during a period.

Gross domestic product measured at current prices without adjusting for inflation.

The percentage change in gross domestic product over a period.

A market environment in which investors favour higher-risk assets.

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