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GDP Deflator

Last modified by
on
Jul 31, 2023, 9:37:05 PM
Created by
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May 26, 2015, 6:46:28 PM
GDP Deflator=(GDPnominalGDPreal)GDP Deflator=(GDPnominalGDPreal)
(GDPnominal)This is the amount of Nominal GDP.
(GDPreal)This is the amount of Real GDP.
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The GDP Deflator calculator computes the ratio of Nominal GDP over the Real GDP.  This reflects the prices of goods and services. 

INSTRUCTIONS: Enter the following:

  • (GDPnominal) This is the nominal gross domestic product.
  • (GDPreal) This is the real gross domestic product.

GDP Deflator (GDPDeflator):  The calculator returns the GDP Deflator.

Related Calculators

The Math / Science

The formula for the GDP Deflator is:

      GDPDeflator=GDPnominalGDPreal

where:

  • GDPDeflator is the ratio of nominal and real GDP.
  • GDPnominal is GDP computed using that year's prices
  • GDPreal is GDP computed using the base year's prices.


Macroeconomics Calculators

Reference:

  • Mankiw, N. Gregory. "Chapter 10:The GDP Deflator." Principles of Macroeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 205. Print. 

This equation, GDP Deflator, is used in 1 page
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