Nominal GDP -> current prices is USD 1100
Real GDP -> base year prices is USD 1000
GDP deflator = Nominal GDP / Real GDP -> calculate ratio
GDP deflator = 1100 / 1000 = 1.1
The value of Nominal GDP is USD 1100 and the value of Real GDP is USD 1000. Find the value of GDP deflator:
Verified 13 Jul 2026.
0.9
1.1
1
0.8
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