The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.

As a real example, let's compare the real GDP to nominal GDP of the United States from Q1 2023 to Q2 2023. The growth rate in each was: Even though the economy may boast of growth in real GDP ...

Budget may peg FY26 nominal GDP growth at 10.4%. The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25 ...

In contrast, Rumki Majumdar, economist at Deloitte India, expects the nominal GDP growth rate to be between 10.8 per cent and 11.3 per cent. Real projections are between 6.8 per cent and 7.3 per cent.

The nominal GDP is likely to miss the Budget projection for growth for the second consecutive year in FY25, according to an MC analysis. While the government projected 10.5 percent growth for this ...

The nominal GDP growth rate is a key metric for the Budget exercise, as it directly influences the fiscal deficit ratio. A higher nominal GDP estimate lowers the fiscal deficit as a percentage of ...

The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25, according to an FE poll of 16 economists. A 10.4% nominal ...