nominellt

Nominellt is a Swedish adjective and adverb used to describe values or measures that are stated on face value, without adjustment for inflation, price changes, or other real-term factors. The term derives from Latin nominalis and is cognate with the English nominal. In Swedish, nominellt is commonly used with nouns such as ränta, belopp, lön or BNP, to indicate that a value is the nominal, or stated, amount rather than a real, inflation-adjusted figure.

In economics and finance, nominellt distinguishes face values from real values. A nominal interest rate of 5 percent refers to the stated rate before inflation is taken into account. If inflation is 2 percent, the real interest rate is approximately 3 percent. Similarly, nominell lön refers to the salary as paid, not adjusted for changes in purchasing power. Nominal values are important in contracts, budgeting and accounting because the stated amount is binding regardless of inflation or deflation.

Nominal figures also appear in statistics and public finance, for example nominell BNP (nominal GDP) or nominell bruttolön. Analysts often compare nominal figures with real figures to assess changes in purchasing power and welfare over time. The term can occasionally appear in broader, non-specialist use to indicate something described in name rather than in substance, but such usage is far less common in technical Swedish writing.