# Nominal and Real GDP [closed]

If nominal GDP is, for example, \$1,620 billion in 2017 and increases to \$1,680 billion in 2018, is the growth rate 3.7%? Or does real GDP first need to be calculated using a deflator?

## closed as unclear what you're asking by Fizz, Giskard, Bayesian, Jamzy, user20105May 9 at 19:12

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• Are you asking if this (reporting real GDP grown) is usually the case? Or are you asking about some specific context? – Fizz May 2 at 12:43