Real Gross Domestic Product is a macroeconomic measure of the value of output economy adjusted for price changes. The adjustment transforms the money-value measure, called nominal GDP, into an index for quantity of total output. Nominal gross domestic product is defined as the market value of all final goods and services produced in a geographical region, usually a country.

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  • Realny produkt krajowy brutto (realny PKB) (ang. Real GDP - Real Gross Domestic Product) to jeden z podstawowych mierników dochodu narodowego. Realny PKB opisuje wartość wszystkich finalnych dóbr i usług wytworzonych w danym okresie (najczęściej roku), na terytorium danego kraju, liczona w cenach rynkowych w okresie bazowym. Realny PKB jest właściwym miernikiem zmian produkcji w czasie, ponieważ zmienia się tylko z powodu zmieniania się rozmiaru fizycznego produkcji krajowej. Wzrost cen bieżących nie ma zatem wpływu na realny PKB.
  • Real Gross Domestic Product is a macroeconomic measure of the value of output economy adjusted for price changes. The adjustment transforms the money-value measure, called nominal GDP, into an index for quantity of total output. Nominal gross domestic product is defined as the market value of all final goods and services produced in a geographical region, usually a country. That market value depends on two things: the actual quantities of goods and services produced, and their respective prices (referred in lower case below). The relation between the nominal and real values is given the following definitional relation: GDP = Real GDP x Price where GDP stands for nominal GDP and Price stands for the price index of GDP. Real GDP is a prime example of the distinction between real vs. nominal values in economics. If adequate price and quantity data are known, GDP can be found by: GDP = ∑ ptqt Where p are prices, q are quantities, and t indicates the current year. Then real GDP can be found by substituting the current-year prices with the prices in some base year. Real GDP = ∑ pbqt Where b denotes the base years. If a set of real GDPs from various years are calculated, each using the quantities from its own year, but all using the prices from the same base year, the differences in those real GDPs will reflect only differences in volume. An index called the GDP deflator can be obtained by dividing, for each year, the GDP by the real GDP. It gives an indication of the overall level of price change (inflation or deflation) in the economy. GDP deflator for year t = GDPt / Real GDPt Nomenclature: "GDP" may refer to "nominal" or "current" or "historical" GDP, to distinguish it from the real GDP. The real GDP is sometimes called "constant" GDP because it is expressed in terms of constant prices. Depending on context, "GDP" may also refer to real GDP, Real GDP growth on an annual basis is the nominal and abnormal GDP growth rate adjusted for inflation and expressed as a percentage. Because Real GDP is adjusted for changes in prices and inflation throughout the year, it can be thought of in terms of 'purchasing power'. As a result, individual purchasing power can be measured by Real GDP per capita, i.e. , real GDP divided by the size of the population.
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  • Realny produkt krajowy brutto (realny PKB) (ang. Real GDP - Real Gross Domestic Product) to jeden z podstawowych mierników dochodu narodowego. Realny PKB opisuje wartość wszystkich finalnych dóbr i usług wytworzonych w danym okresie (najczęściej roku), na terytorium danego kraju, liczona w cenach rynkowych w okresie bazowym. Realny PKB jest właściwym miernikiem zmian produkcji w czasie, ponieważ zmienia się tylko z powodu zmieniania się rozmiaru fizycznego produkcji krajowej.
  • Real Gross Domestic Product is a macroeconomic measure of the value of output economy adjusted for price changes. The adjustment transforms the money-value measure, called nominal GDP, into an index for quantity of total output. Nominal gross domestic product is defined as the market value of all final goods and services produced in a geographical region, usually a country.
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  • Real gross domestic product
  • PKB realny
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