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Real gross domestic product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation).[1] This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output. Although GDP is total output, it is primarily useful because it closely approximates the total spending: the sum of consumer spending, investment made by industry, excess of exports over imports, and government spending. Due to inflation, GDP increases and does not actually reflect the true growth in an economy. That is why the GDP must be divided by the inflation rate (raised to the power of units of time in which the rate is measured) to get the growth of the real GDP. Different organizations use different types of 'Real GDP' measures, for example, the UNCTAD uses 2015 Constant prices and exchange rates while the FRED uses 2009 constant prices and exchange rates, and recently the World Bank switched from 2005 to 2010 constant prices and exchange rates.[2][3][4]
10 largest countries by GDP according to the UNCTAD at 2015 constant prices and exchange rates, 2022[3]
Economy
Top 10 countries by GDP in 2022 (millions in 2015 constant USD and exchange rates)
Realgrossdomesticproduct (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation)...
GrossDomesticProduct (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period...
output (also referred to as "natural grossdomesticproduct") refers to the highest level of realgrossdomesticproduct (potential output) that can be sustained...
lists of countries and dependent territories sorted by their realgrossdomesticproduct growth rate; the rate of growth of the value of all final goods...
can be used as a measure of the value of money. GDP stands for grossdomesticproduct, the total monetary value of all final goods and services produced...
considering the whole world, this also equals the total global grossdomesticproduct (GDP). According to the World Bank, the 2013 nominal GWP was approximately...
This is a list of estimates of the realgrossdomesticproduct growth rate (not rebased GDP) in European countries for the latest years recorded in the...
This article lists Canadian provinces and territories by grossdomesticproduct (GDP). While Canada's ten provinces and three territories exhibit high...
100*(RealGrossDomesticProduct-Real Potential GrossDomesticProduct)/Real Potential GrossDomesticProduct | FRED | St. Louis Fed Real Potential Gross Domestic...
This is a list of estimates of the realgrossdomesticproduct growth rate (not rebased GDP) in the 27 European Union member states for the latest years...
shorthand definition of recession, which is "a fall of a country's realgrossdomesticproduct in two or more successive quarters", and has led to some confusion...
to grow at the fastest rate of over 7% per year. Estimates of RealGrossDomesticProduct (GDP) growth rate in 2023 show that most African countries were...
External debt indicators GDP deflator Green grossdomesticproductGrossdomesticproductGross national productGross National Happiness Jobless claims Monetary...
The green grossdomesticproduct (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a...
This is a list of estimates of the realgrossdomesticproduct growth rate (not rebased GDP) in Oceanian states for the latest years recorded in the CIA...
percentage of national grossdomesticproduct (GDP).″ According to the Organisation for Economic Co-operation and Development, ″Grossdomestic spending on R&D...
indicators: the expectancy of healthy life at birth, E, and the realgrossdomesticproduct per person, G, corrected for purchasing power parity as appropriate...
than two quarters which is 6 months, normally visible in realgrossdomesticproduct (GDP), real income, employment, industrial production, and wholesale-retail...
This is a list of estimates of the realgrossdomesticproduct growth rate (not rebased GDP) in Latin American and the Caribbean nations for the latest...
successive calendar quarters each having negative growth of realgrossdomesticproduct—that is, of the total amount of goods and services produced within...
conventionally measured as the percent rate of increase in realgrossdomesticproduct, or real GDP. economic indicator Any measurable unit of the economy...
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