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Real Economic Growth Rate
(redirected from Real GDP Growth)

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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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Summary: BEIRUT: A recent report released by the Economist Intelligence Unit indicated that although Lebanon's overall macroeconomic performance in 2011 would be weighed down by recent political tensions, the overall real GDP growth forecast remain broadly positive.
Based on Global's annual forecast of average oil prices between $80-85/barrel in 2011, accompanied by positive economic outlook, KSA real GDP growth is projected at 4.
The real GDP growth for 9 months of 2010 constituted -0.
 
 
 
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