constant-dollar
[ˈkɑːnstənt ˈdɑːlər]
adjective/nounpl: constant-dollars
dólar constante
1. Adjusted for inflation; expressed in terms of the purchasing power of a currency in a specific base year, eliminating the effects of inflation or deflation
The report presents all figures in constant-dollar terms to allow for year-to-year comparison.
O relatório apresenta todos os valores em termos de dólar constante para permitir comparação ano a ano.
2. A measure of value that removes the distorting effects of price changes over time by using a fixed reference year as the baseline
Revenue growth appears stronger when measured in constant-dollar values rather than nominal values.
O crescimento da receita parece mais forte quando medido em valores de dólar constante em vez de valores nominais.
This is a technical financial and economic term used primarily in formal reports, academic papers, and government statistics. It's essential in both US and Brazilian economic discourse to compare values across different time periods fairly. The concept is fundamental to understanding real economic growth versus nominal growth, particularly important during periods of high inflation like Brazil has experienced.
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