Formula
velocity=nominal GDP/money stock.
- Use the units shown beside each field.
- Results update automatically whenever you change an input.
- Displayed values use up to four decimal places, or scientific notation for very small or large numbers. Calculations use standard floating-point arithmetic; exact integer and fraction tools identify their own precision rules.
- Use the same currency and a specified money aggregate, such as M1 or M2. No causal inflation prediction.
Example Calculation
Example inputs
- Nominal GDP: 2000
- Average money supply: 500
Nominal GDP = 2000; Average money supply = 500. The primary result is 4.
Frequently asked questions
How do I use this calculator?
Enter nominal gdp, average money supply. The result updates automatically. Use Reset to restore the example values.
What method does it use?
velocity=nominal GDP/money stock.. Use the same currency and a specified money aggregate, such as M1 or M2. No causal inflation prediction.
Why might a rounded result differ?
The calculation keeps full numeric precision internally, then rounds the displayed result. Rounding intermediate steps by hand can produce a slightly different answer.
Are my inputs saved online?
No. This calculator processes your inputs in your browser. A recently used list stores only calculator names on this device, not your entered values.
Check the assumptions and units before using this result. Read about calculation methods.