Glossary entry (derived from question below)
German term or phrase:
reales BIP
English translation:
real GDP (gross domestic product)
Added to glossary by
Natalie Wilcock (X)
Jan 20, 2004 12:32
20 yrs ago
German term
reales BIP
German to English
Bus/Financial
Economics
Sollte dieser Optimismus auch in der Auftragslage der Bauwirtschaft sowie der Konsumbereitschaft der privaten Haushalte zum Tragen kommen, kann für das Jahr 2004 von einem Wachstum des realen Bruttoinlandsprodukts von 1,8 % ausgegangen werden.
real gross domestic product
real gross domestic product
Proposed translations
(English)
4 +10 | real GDP (gross domestic product) |
IanW (X)
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Change log
Aug 9, 2005 12:40: Natalie Wilcock (X) changed "Field (specific)" from "(none)" to "Economics"
Proposed translations
+10
2 mins
Selected
real GDP (gross domestic product)
BIP (Bruttoinlandsprodukt) = GDP (gross domestic product). And "real" is correct too (I presume that was your question!).
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Note added at 3 mins (2004-01-20 12:36:34 GMT)
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REAL GROSS DOMESTIC PRODUCT:
The total market value, measured in constant prices, of all goods and services produced within the political boundaries of an economy during a given period of time, usually one year. The key is that real gross domestic product is measured in constant prices, the prices for a specific base year. Real gross domestic product, also termed constant gross domestic product, adjusts gross domestic product for inflation. A contrasting measure is nominal gross domestic product, which does not adjust for inflation.
http://www.amosweb.com/cgi-bin/wpd.pl?fcd=dsp&key=real gross...
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Note added at 3 mins (2004-01-20 12:36:34 GMT)
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REAL GROSS DOMESTIC PRODUCT:
The total market value, measured in constant prices, of all goods and services produced within the political boundaries of an economy during a given period of time, usually one year. The key is that real gross domestic product is measured in constant prices, the prices for a specific base year. Real gross domestic product, also termed constant gross domestic product, adjusts gross domestic product for inflation. A contrasting measure is nominal gross domestic product, which does not adjust for inflation.
http://www.amosweb.com/cgi-bin/wpd.pl?fcd=dsp&key=real gross...
4 KudoZ points awarded for this answer.
Comment: "Thanks very much, yes, it was the real that I was wondering about. Regards, Natalie"
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