nGDP in 2015 was approximately choose the closest answer 15

nGDP in 2015 was approximately (choose the closest answer):

$15 billion.

Solution

According to the official status it was close to the mark $15 billion.

The nominal gross domestic product is measured at the current market prices and the real GDP is measured at the base year prices. Becuase of this the nominal GDP looks bigger than the real GDP.