noun
real gross domestic product; real GDP
Economic term used in news, reports, and policy discussions. Contrasts with 名目国内総生産 (nominal GDP).
実質国内総生産は前年比で2%増加した。
Real GDP increased by 2% compared to the previous year.
名目国内総生産 is nominal GDP, not adjusted for inflation, while 実質国内総生産 is real GDP, adjusted for inflation.
Compound of 実質 (real, substantial) + 国内 (domestic) + 総生産 (gross production). A direct translation of the English economic term 'real gross domestic product'.