real GDP
noun[U]
ukusECONOMICS,FINANCE
thetotalvalueofgoodsandservicesproducedin acountryin aparticularyear, takinginflationintoaccount:
real GDP grows at/by 2.5%/5%, etc.Figurespublishedthisweekshow thatrealGDPgrewby 2.3% in thefinalquarterof lastyear.
RealGDPperheadhasfallenby 12% in the past threeyears.
realGDPgrowth