GDP Deflator Calculator

Gross domestic product is abbreviated as GDP. Gross domestic product deflator is a implicit price deflator which is used to measure the level of prices for all new products like domestically produced and final goods. GDP calculator measures the price changes by comparing the price of the products to those in previous years price. By entering the nominal and real gdp price, the deflator calculator let you to calculate the gross domestic product.

Implicit Price Deflator Calculator

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Gross domestic product is abbreviated as GDP. Gross domestic product deflator is a implicit price deflator which is used to measure the level of prices for all new products like domestically produced and final goods. GDP calculator measures the price changes by comparing the price of the products to those in previous years price. By entering the nominal and real gdp price, the deflator calculator let you to calculate the gross domestic product.

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Formula:

GDP Deflator = ( Nominal GDP / Real GDP ) * 100

Example

What is GDP deflator when Nominal and the Real GDP is $70 & $60?

Real GDP = ( 70 / 60 ) * 100
= $116


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