Is inflation taken into account when calculating Nominal GDP?

Nominal GDP is defined as the total market value of all final goods and services produced in a country in a given period, measured using current prices. It does not adjust for inflation, meaning that it simply reflects the value of production based on the prices that exist at the time of measurement, regardless of whether those prices have changed over time due to inflation.

When measuring economic output using Nominal GDP, the focus is solely on the raw monetary values without accounting for the effects of inflation. In contrast, Real GDP provides a different measure by adjusting for inflation, offering a more accurate portrayal of economic growth by using constant prices from a base year.

Therefore, since Nominal GDP does not factor in inflation when calculating the economic output, the answer is indeed that inflation is not considered in this calculation.