The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...

Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

This calculation is done by factoring in a GDP deflator. A GDP deflator is the quotient of nominal GDP divided by real GDP divided by 100, so this method is only useful in determining real GDP if ...

After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of ...

Combined household and state consumption accounted for 68.8% of Russian GDP in 2024, up from 68.4% in 2023, Rosstat said. Household consumption accounted for 49.7% of GDP in 2024, up from 47.6% a year ...

The conclusion came from a study into the so-called GDP deflator conducted by The Asahi Shimbun. The GDP deflator measures changes in the price of domestic goods and services and excludes the ...

Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...

Referring to the nominal GDP growth projection of 10.1 percent for FY26, Seth said that the finance ministry has assumed a ...

The general government budget deficit is likely to reach 7.7% of GDP in 2025 (cash terms), 0.7 percentage points (pp) above ...

By contrast, China has been battling deflation — its so-called GDP deflator has indicated falling prices since mid-2023. Relative sizes of economies can be measured in various ways. When ...