Will Kenton is an expert on the economy and investing laws and regulations ... their gross income by consulting a recent pay stub or calculating their hours worked and wage.

Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. In other words, it doesn't strip out inflation or the pace of rising prices ...

Calculation of GDP, real and nominal ... s GDP was rebased in 2014 with 2010 as the base year, it catapulted the economy to number one in Africa. At the moment, Nigeria’s economy is ranked ...