Essential GDP & Inflation Equations

GDP

C + I + G + NX

Nominal

real - inflation

Real GDP

Nominal gpd / CPI x 100

GDP Deflator

nominal gpd / real gdp x 100

CPI

current year cost / base year cost x 100

price change generic

end year - start year / start year (100)

Inflation rate by gdp

gdp Deflator end year - gdp deflator start year / gdp deflator start year (100)

Inflation rate by cpi

cpi end year - cpi start year / cpi start year (100)

Output growth

real gdp end year - real gdp start year / real gdp start year (100)