Once adjusted to remove any effects due to inflation, "real GDP" is revealed. Calculating GDP Based on ... it doesn't tell the whole story. The formula for GDP is: GDP = C + I + G + (X-M).

Calculation of GDP, real and nominal, is hinged on what is referred to as Base Year. That is the year which prices are adopted to calculate the GDP figures in subsequent years. You therefore come ...

to see how one country's GDP measures up in "international dollars." The calculation of PPP adjusts for differences in local prices and costs of living to make cross-country comparisons of real ...

Deflators present their own difficulties. The more precise the deflator, the more accurate the real GDP calculation. But there is a sizable drawback. The more precise the deflator, the more ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...