Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...
The nominal interest rate is the simple interest charged on a loan or paid on a deposit. Real interest is nominal interest after taking inflation’s effects into account. Economists, as well as lenders ...
Distinguishing between nominal and real returns gives investors expanded insight into how their money grows over time. Nominal return reflects the raw percentage gain on an investment. Real return ...
BEIJING (Reuters) - China on Friday revised up its nominal 2018 gross domestic product (GDP) by 2.1% to 91.93 trillion yuan ($13.08 trillion), keeping it on track to achieving its goal of doubling the ...
GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...