βοΈ αααααΉαααααΆαα
– ααα·ααααααα»ααααα»αααα»α (GDP) ααΊααΆααΌα
ααΆααααααααα·α
αα
ααααααΆααααααααααααα·ααΆααααααααα»ααααααα·α αα·αααααΆααααααΆααα’αααααααα·ααα
αααα»ααααααααα½ααααα»αααααααααΆααααΆαααα½αα
– αααααΆαααΆαααΆααααα GDP α’αΆα
ααααΌαααΆαααΆαααααααΆαααΈααα·ααΈ ααΊα ααα·ααααααα»ααααα»αααα»αααΆαααΆαβ (Nominal GDP) αα·αααα·ααααααα»ααααα»αααα»ααα·α (Real GDP)α
– ααα·ααααααα»ααααα»αααα»αααΆαααΆα (Nominal GDP) ααΊααΆαααααααα»ααααααα·α αα·αααααΆαααααααααα·ααααα»αααααααα·α
αα
αααα»αααα‘α»ααααααΆααααΆααααΆαα½α (ααΆααααααΆαααα»ααα½αααααΆα) αααααααΎαααααααΈααααΆααα
αα
α»ααααααα
– ααα·ααααααα»ααααα»αααα»ααα·α (Real GDP) αααα
αα
ααΎαααααααΌαα·αααααα»αααααα·α αα·αααααΆααααα
α»αααααααααααα’ααααΎαααααααα αααααΊααααα·ααα·αααΈααΆααααααααα½ααααααααααααααΆαααααΈα’αα·ααααΆα
βοΈ ααΎααα·ααααααα»ααααα»αααα»αααΆα’αααΈ?
ααα·ααααααα»ααααα»αααα»α (GDP) ααΊααΆααΌα
ααΆααααααααα·α
αα
ααααααΆααααααααααααα·ααΆααααααααα»ααααααα·α αα·αααααΆααααααΆααα’αααααααα·ααα
αααα»ααααααααα½ααααα»αααααααααΆααααΆαααα½αα ααΆααΆαααααΆααααΌαααααΆαααααα α αα·αααααΎαααΆαααααααααα·α
αα
ααααααα»ααααα
αΆααααΈαααααααΆαααααααα·α
αα
ααΆααααΌαα

αααααΆαααΆαααΆααααα GDP α’αΆα ααααΌαααΆαααΆαααααααΆαααΈααα·ααΈ ααΊα ααα·ααααααα»ααααα»αααα»αααΆαααΆαβ (Nominal GDP) αα·αααα·ααααααα»ααααα»αααα»ααα·α (Real GDP)α ααΆααα»αααααΆαααΆα GDP ααΆααααΈααααααΊαααα·ααα ααΎααΆααααααααΌαα’αα·ααααΆα ααααα·α (Real GDP) αα·αααΎα’αα·ααααΆααααααααααΌαααααΆαααααΉαααααΌαααΆαααααααΎαααΆαααααααααααααααααα·α αα αααααα αααααΆαααΆαβ (Nominal GDP) αα·ααα·αααΈααΆαααααΆααααααΌαααααα·αααααααααααα ααΆααααααΉαααΈααΆααα»αααααΆαααααΊα αΆαααΆα αααΆαα αααααααΆαα½αα’αααααααααα·α αα α’ααααααααΎαααααααααΆα αα·αα’ααααα·αα·αααααααΎααΆααααααα α α·αααααααααααααΆααααααΉαα’αααΈαα·ααααΆααΆαααααααα·α αα αααααΆαα’αα·ααααΆ αα·ααα»αα»ααΆαααΆαααααααα·α αα αα·αααααΆαααααααααααααα½αα
βοΈ ααα·ααααααα»ααααα»αααα»αααΆαααΆα (Nominal GDP)
ααα·ααααααα»ααααα»αααα»αααΆαααΆα (Nominal GDP) ααΊααΆαααααααα»ααααααα·α αα·αααααΆαααααααααα·ααααα»αααααααα·α
αα
αααα»αααα‘α»ααααααΆααααΆααααΆαα½α (ααΆααααααΆαααα»ααα½αααααΆα) αααααααΎαααααααΈααααΆααα
αα
α»ααααααα ααΆαα·αααΆαααααα
αΌαααΆαααααΆααααααΌααααα»αααααα·αααααααα αααααΆααααααΆ Nominal GDP αααα»ααααα
αΆααααΈααΆαααααΆααααααΌαααα·ααααα αα·αααΆαααααΆααααααΌαααααα α¬α’αΆα
αα·ααΆαααΆαααΆ ααααααααα·α αα·αααααΆααααααααΌαααΆαααααΆααΆαααααα·αααααααα
αα
α»ααααααα
βοΈ ααα·ααααααα»ααααα»αααα»ααα·α (Real GDP)
ααα·ααααααα»ααααα»αααα»ααα·α (Real GDP) αααα
αα
ααΎαααααααΌαα·αααααα»αααααα·α αα·αααααΆααααα
α»αααααααααααα’ααααΎαααααααα αααααΊααααα·ααα·αααΈααΆααααααααα½ααααααααααααααΆαααααΈα’αα·ααααΆα ααααααααα·α αα·αααααΆααααααααΌαααΆαααααΆαααα»αααααα·ααααααααα αααααΆααααααΆααααΌαααΆαααααααααααααΆαααΌαααααΆααααααΆαααααααα»αααΆαα»α α¬αααααααΎααααα·ααααααααααααΆααα»αα αααααΆααα·αααα Real GDP ααααΌαααΆαα
αΆαααα»αααΆααΆααΆααααα αΆαααααααΉαααααΌααααα»αααααααααα·α
αα
αααααααααααα½α αα·αα’ααααΆααααΎαααααααα·α
αα
α

βοΈ ααΆααα»αααααΆαααΆα Real GDP αα·α Nominal GDP
– ααΌαααααΆαααΆααααα
Nominal GDP ααααΌαααΆαααΆαααααααΆααααααααΈααααΆααα
αα
α»αααααα ααααα·αααΆαααΆααααααααΌααααααΆααααΆαααααΆααααααΌαααααα·ααααααααΆααααααααΆα
ααΈα― Real GDP ααααΌαααΆααααααααΌααααααΆααα’αα·ααααΆ α αΎαααααΌαααΆαααΆαααααααΆααααααααααΆαααααΆαααΌαααααΆα αααααααΎα±ααααΆαααααααααααααΉαααααΌααααα»αααααααααα·α
αα
αααααααααααα½α αα·αα’ααααΆααααΎαααααααα·α
αα
α
– αααααααΆααααα’αα·ααααΆ
Nominal GDP α’αΆα
ααααΌαααΆαααα₯αααα·αααααα’αα·ααααΆ αααααααΆαααα»ααααα
αΆααααΆααααΆαααααΆααααααΌαααα·ααααα αα·αααΆαααααΆααααααΌααααααα ααΆαααααα ααΆαααα ααααΆαα·αααααααααααΆααααααΉαααααΌαααααααΎαααααααα·α
αα
ααα»ααααΆαααα
α
ααααα― Real GDP ααΊααααΆαα±ααα’αα·ααααΆααααααα»ααααα
αΆααααΈααΆαααααΆααααααΌαααα·ααΆααααααα·α αα·αααααΆαααααααααΆαααα·α αααααΆαααΆαααααΆααααα·αααααααααα
– ααΆαααααΎααααΆαααα·αααααα GDP αααα»αααΆααα·ααΆαααααααα·α
αα
Real GDP ααααΌαααΆαααααααΎααααΆααααΆααΉαααΆαααα
αααα»αααΆααα·ααΆαααααααα·α
αα
αααααααΆαα½αα’αααααααααα·α
αα
αα·αα’ααααααααΎαααααααααΆαααΆααααααααΆαααΆααααα
αααΆααααΈααΆαααααΆααααααΌααα
αααα»ααα·αααααααΆαααααααααααααααααα·α
αα
αααΆαααααααααΆααΆααΆααααααααΆααΆαααααααα
α
ααααα― Nominal GDP αα·α ααααΌαααΆαααααααΎαααααΆααααααΎααΆαααΆααααααααΎαααααααα»αααααα·αααααααααααα·α
αα
ααα»ααααααΆαααα ααααΆαα·αααΌααααα αΆαααΈααΆαα
αααΆααααΆαααααααΆααααΆααα·ααΆααα·ααααΆααΆαααααααα·α
αα
ααα»ααααΆαααα
| English Version |
βοΈ Key takeaway
– Gross Domestic Product (GDP) is a crucial economic indicator that quantifies the total value of all goods and services produced within a country’s borders over a specific period.
– GDP can be measured in two ways: nominal and real GDP.
– Nominal GDP is the total value of goods and services produced within an economy during a specific time period, typically a year, using current market prices.
– Real GDP, on the other hand, is an inflation-adjusted measure of the total value of goods and services produced within an economy during a specific time period.
βοΈ Overview of GDP as an economic indicator
Gross Domestic Product (GDP) is a crucial economic indicator that quantifies the total value of all goods and services produced within a country’s borders over a specific period. It serves as a fundamental measure of an economy’s size and performance, reflecting the overall economic activity.

However, GDP can be measured in two ways: nominal and real GDP. The difference between them lies in the adjustment for inflation. Real GDP takes inflation into account, providing a more accurate representation of an economy’s actual growth, while nominal GDP does not consider changes in price levels. Understanding this difference is essential because it helps economists, policymakers, and investors make informed decisions about economic trends, inflationary pressures, and the true economic well-being of a nation.
βοΈ Nominal GDP
Nominal GDP is the total value of goods and services produced within an economy during a specific time period, typically a year, using current market prices. It does not account for changes in the price level, meaning it reflects both changes in production and changes in prices.
βοΈ Real GDP
Real GDP, on the other hand, is an inflation-adjusted measure of the total value of goods and services produced within an economy during a specific time period. It measures the total value of all goods and services produced within a country’s borders during a specific period but uses constant, fixed prices from a base year to account for changes in the price level. Real GDP provides a more accurate measure of an economy’s actual output by removing the influence of price changes, allowing for meaningful comparisons of economic growth over time or between countries.

βοΈ The difference between Real GDP and Nominal GDP
– Measurement Basis
Nominal GDP is measured in current market prices, without adjusting for changes in price levels over time.
Real GDP, on the other hand, is adjusted for inflation and is measured in constant, fixed prices from a base year, which allows for a more accurate representation of an economy’s actual output.
– Impact of Inflation
Nominal GDP can be influenced by inflation, as it reflects both changes in production and changes in prices. As a result, it may not provide an accurate measure of economic growth.
Real GDP accounts for inflation, making it a better indicator of changes in the quantity of goods and services produced, as it holds the price level constant.
– Use in Economic Analysis
Real GDP is often preferred in economic analysis because it helps economists and policymakers assess changes in an economy’s actual output, enabling more meaningful comparisons of economic growth over time or between countries.
Nominal GDP, while valuable for assessing the total value of an economy’s production, may be less suitable for analyzing economic trends without considering the impact of changing price levels.