How To Calculate Nominal GDP. GDPdeflator NominalGDP RealGDP 100 GDP d e f l a t o r Nominal G D P Real G D P 100. How To Calculate Nominal Gdp And Real Gdp Youtube Real GDP Real GDP value of current output at base year prices. . Gross domestic product per capita GDP per capita measures a countrys gross domestic product divided by its population. GDP C I G X M or GDP private consumption gross investment government investment government spending exports imports. GDP C I G X M To calculate nominal GDP the value of goods is taken at the current years prices which is achieved by using the consumer price index of the basket of goods. This concludes the topic of nominal GDP formula which plays an important role in determining the nominal GDP of an economy. Its usually expressed as a percentage rise in. To achieve sustainable economic growth governments often have economic policies so that nominal GDP is always higher than the in