Real Economic Growth Rate

Real Economic Growth Rate

The change in a nation's GDP after accounting for inflation. The economic growth rate (or GDP growth) shows how much GDP has grown or shrunk in raw dollar amounts and may not be an accurate accounting of how well or poorly an economy is performing. The real economic growth rate adjusts for how much buying power has been affected and therefore provides a more accurate view. For example, if the economic growth rate is 10% and the inflation rate is 3%, the real economic growth rate is 7%. See also: Real GDP, Nominal GDP.
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Regarding prospects for the nation's real economic growth rate in 2015, 13 leaders each said: "1 per cent to less than 1.
real economic growth rate in the January-March quarter dropped to 1.
Besides, the economic development plan, to be implemented as of Thursday, aims at reaching a real economic growth rate of 5.
The projections are based on assumptions that the global economy is to register an average real economic growth rate of 3 percent, and Japan 1.
This led to a real economic growth rate of 5 percent last year.
1 % and its real economic growth rate for the second quarter of this year was 0.
Although the country does not produce monthly or quarterly GDP growth estimates, prospects look good for Nicaragua's achieving a real economic growth rate of at least 5% this year.
Poland has a population of nearly 40 million people, and has the highest real economic growth rate in Europe for the past few years.
The Organization for Economic Cooperation and Development on Tuesday sharply cut its forecast for Japan's real economic growth rate in 2009 to minus 6.
Meanwhile, the government on Friday downgraded its forecast of Japan's real economic growth rate for fiscal 2008 to minus 0.
The Cabinet Office on Friday revised the real economic growth rate for fiscal 2005 sharply downward to 2.
Japan's real economic growth rate for the July-September quarter is likely to have been modest so an interest rate rise is unlikely before the end of this year,'' said Hirokata Kusaba, an economist with Mizuho Research Institute.