Real Economic Growth Rate

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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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The recovery of economic activity in Cyprus is forecast to continue in the following quarters, according to the Economic Research Centre of the University of Cyprus, with real GDP growth for 2015 revised upwards from 1.
The Egyptian economy has also seen an upturn, as in the third quarter (Q3) of the fiscal year (FY) 2013/14, real GDP growth registered 2.
2% real GDP growth for the Islamic Republic of Iran in 2015.
Jadwa forecasts for real GDP growth under this scenario is 3.
T he US economy will accelerate slightly this year, with real GDP growth increasing to 2.
He pointed that around 70 per cent of real GDP growth came from the non-oil sector last year, mainly driven by the real estate, transportation and communication sectors.
The CFNAI's success has been more mixed in terms of predicting real GDP growth, although for the 2004-09 period its performance was on par with the median current quarter forecast from the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters (Brave and Butters, 2010).
Saudi Arabia has been one of the best performing G20 economies in recent years with real GDP growth averaging 5.
Roughly half of this increase came from real GDP growth, increasing by almost 60 percent -- the graph shows the index for real GDP increasing from 100 in 2002 to almost 160 in 2011 -- while the other half came from the strong appreciation of the lira in real terms.
As a result, QNB Group forecasts Brazil's real GDP growth of 1%-1.
Real GDP growth The rating agency expects real GDP growth to reach five per cent this year, underpinned by an increase in the oil production to touch an average of 0.