The U.S. real GDP growth rate ... formula: GDP = C + G + I + NX (where C=consumption; G=government spending; I=Investment; and NX=net exports). Why Is Real GDP More Accurate Than Nominal GDP?

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.

The government has assumed a nominal ... adjusted GDP growth projections. However, the Economic Survey for 2022-23, released on January 31, has forecast a real GDP growth rate of 6.5 percent ...

The Budget’s nominal GDP growth target of 10.1 percent for FY26 is realistic, economists told Moneycontrol, highlighting that real GDP growth could settle around 6.5 percent for the coming fiscal.

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 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 ...