Distinguish between real GDP and nominal GDP

Real GDP	Nominal GDP
(i) Real GDP is the total value of goods and services of country adjusted for prices changes.	(i) Nominal GDP is GDP calculated in current currency or the current prices that a consumer pays for final goods or services.
(ii) Real GDP is a product value in constant prices.	(ii) Nominal GDP is a GDP in current price.
(iii) The value of real GDP is macro in nature.	(iii) The value of nominal GDP is micro in nature.
(iv) It is calculated after adjusting the inflation or deflation.	(iv) It doesn’t include the impact of inflation.
(v) It is calculated from the prices of a base year.	(v) Prices of current year are used for calculation.
(vi) Real GDP is the best technique to make the comparison of two financial years.	(vi) Nominal GDP is the best technique to make the price comparison of two different periods of same years.
(vii) The economic formula of real GDP is,	(vii) The economic formula of nominal GDP is Nominal GDP = Real GDP  GDP Deflator