real-GDP
[/ˈriːəl dʒiːdiːˈpiː/ ou /ˌɡroʊs dəˈmɛstɪk ˈprɒdʌkt ɪn ˈkɒnstənt ˈprɪsɪz/]
nounpl: real-GDPs
PIB real
1. Gross Domestic Product adjusted for inflation, measured in constant dollars of a base year, reflecting the actual growth of an economy excluding price changes
The country's real-GDP grew by 2.5% last year despite rising inflation.
O PIB real do país cresceu 2,5% no ano passado apesar da inflação crescente.
2. Economic output measured in terms of the quantity of goods and services produced, rather than their nominal monetary value
Economists use real-GDP to compare economic performance across different time periods.
Os economistas usam o PIB real para comparar o desempenho econômico em diferentes períodos.
Real-GDP is a fundamental metric used by central banks, government agencies, and economic analysts in both the United States and Brazil to assess true economic performance. In Brazil, the Central Bank (Banco Central do Brasil) regularly publishes real-GDP figures, which are crucial for policy decisions. This term is essential in understanding macroeconomic discussions and is widely taught in Brazilian universities' economics programs.
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