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reales BIP

English translation: real GDP (gross domestic product)

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:reales BIP
English translation:real GDP (gross domestic product)
Entered by: Natalie Wilcock
Options:
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12:32 Jan 20, 2004
German to English translations [PRO]
Bus/Financial - Economics
German term or phrase: reales BIP
Sollte dieser Optimismus auch in der Auftragslage der Bauwirtschaft sowie der Konsumbereitschaft der privaten Haushalte zum Tragen kommen, kann für das Jahr 2004 von einem Wachstum des realen Bruttoinlandsprodukts von 1,8 % ausgegangen werden.

real gross domestic product
Natalie Wilcock
Local time: 20:06
real GDP (gross domestic product)
Explanation:
BIP (Bruttoinlandsprodukt) = GDP (gross domestic product). And "real" is correct too (I presume that was your question!).


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Note added at 3 mins (2004-01-20 12:36:34 GMT)
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REAL GROSS DOMESTIC PRODUCT:
The total market value, measured in constant prices, of all goods and services produced within the political boundaries of an economy during a given period of time, usually one year. The key is that real gross domestic product is measured in constant prices, the prices for a specific base year. Real gross domestic product, also termed constant gross domestic product, adjusts gross domestic product for inflation. A contrasting measure is nominal gross domestic product, which does not adjust for inflation.

http://www.amosweb.com/cgi-bin/wpd.pl?fcd=dsp&key=real gross...
Selected response from:

xxxIanW
Local time: 20:06
Grading comment
Thanks very much, yes, it was the real that I was wondering about. Regards, Natalie
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +10real GDP (gross domestic product)xxxIanW


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +10
real GDP (gross domestic product)


Explanation:
BIP (Bruttoinlandsprodukt) = GDP (gross domestic product). And "real" is correct too (I presume that was your question!).


--------------------------------------------------
Note added at 3 mins (2004-01-20 12:36:34 GMT)
--------------------------------------------------

REAL GROSS DOMESTIC PRODUCT:
The total market value, measured in constant prices, of all goods and services produced within the political boundaries of an economy during a given period of time, usually one year. The key is that real gross domestic product is measured in constant prices, the prices for a specific base year. Real gross domestic product, also termed constant gross domestic product, adjusts gross domestic product for inflation. A contrasting measure is nominal gross domestic product, which does not adjust for inflation.

http://www.amosweb.com/cgi-bin/wpd.pl?fcd=dsp&key=real gross...

xxxIanW
Local time: 20:06
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Grading comment
Thanks very much, yes, it was the real that I was wondering about. Regards, Natalie

Peer comments on this answer (and responses from the answerer)
agree  tectranslate ITS GmbH
0 min

agree  Lars Helbig
1 min

agree  matias
4 mins

agree  Ted Wozniak
7 mins

agree  Ingo Dierkschnieder
8 mins

agree  silvia glatzhofer
9 mins

agree  Lydia Molea
15 mins

agree  Nicole Tata
31 mins

agree  Steffen Walter
40 mins

agree  RobinB
49 mins
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Changes made by editors
Aug 9, 2005 - Changes made by Natalie Wilcock:
Field (specific)(none) » Economics


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