The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.

Budget may peg FY26 nominal GDP growth at 10.4%. The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25 ...

The nominal GDP growth rate is a key metric for the Budget exercise, as it directly influences the fiscal deficit ratio. A higher nominal GDP estimate lowers the fiscal deficit as a percentage of ...

The upcoming Union Budget may peg India’s nominal GDP growth in the next financial year at 10.4%, higher than 9.7% projected for FY25, according to an FE poll of 16 economists. A 10.4% nominal ...