In either case, the number is an estimate of "nominal GDP." Once adjusted to remove any effects due to inflation, "real GDP" is revealed. Calculating GDP Based on Spending One way of arriving at GDP ...

There are two main ways to measure GDP: by measuring spending or by measuring income. And then there's real GDP, which is an ...

Real GDP can also be measured as a dollar or a percentage by calculating changes in real GDP from one period to the next. Real economic growth is used by policymakers to determine growth over ...