The GDP in that year's prices. For example, the 1981 GDP in 1981 dollars. Thus nominal GDP does not account for inflation.
Related information about nominal GDP:
- Nominal GDP Definition | Investopedia
A gross domestic product (GDP) figure that has not been adjusted for inflation. Also known as "current dollar GDP" or "chained dollar GDP".
- Economics: Nominal GDP, Real GDP, and Price Level
Nominal GDP is GDP evaluated at current market prices. Therefore, nominal GDP will include all of the changes in market prices that have occurred during the ...
- List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The first list includes data compiled by the United Nations ...
- Gross domestic product - Wikipedia, the free encyclopedia
CIA World Factbook 2005 figures of total nominal GDP (top) compared to ... 4 Nominal GDP and adjustments to GDP; 5 Cross-border comparison and PPP ...
- What's the Difference Between Nominal and Real?
Once again, if inflation is positive, then the Nominal GDP and Nominal GDP Growth ... The difference between Nominal GDP and Real GDP is used to measure ...
- Nominal GDP - Financial Dictionary - The Free Dictionary
Gross domestic product without or before accounting for inflation. Comparing nominal GDPs from year to year shows the amount an economy has grown or ...
- Nominal GDP vs Real GDP - Difference and Comparison | Diffen
Aug 3, 2010 ... What's the difference between Nominal GDP and Real GDP? Real GDP offers a better perspective than nominal GDP when tracking economic ...
- Real GDP and Nominal GDP | Macroeconomics | Khan Academy
Using real GDP as a measure of actual productivity growth.