Absolute Terms


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Absolute Terms

Describing any measurement used without reference to other measurements. Considering measurements in absolute terms is often less useful than using relative terms.
References in periodicals archive ?
In absolute terms, there was a reduction of $577 million in the trade deficit on an annual basis.
The country has never posted such a higher fiscal deficit since 2010-11 when the gap between the government revenues and expenditure stood at 2.9pc of GDP or Rs490 billion in absolute terms. Nevertheless, the country's fiscal deficit had stood 2.6pc in 2012-13 and 2.5pc twice in 2011-12 and 2016-17.
Over the year to August 2017, Victorias employment rose by 95,500 people (+3.1 per cent), again the largest increase in absolute terms of all the states.
Instead of looking at bad loans in absolute terms, such loans should be seen according to their share in total advances of the banking sector.
In addition, he said, it will be much more difficult to ensure a 9.2% growth in absolute terms due to the
"The growth of the debt in absolute terms is due to the new domestic and external funding received throughout the year, as well as to the currency exchange differences in its reassessment," the Bulgarian Finance Ministry explained.
New Delhi, Sep 9(ANI): India's external debt has remained within manageable limits despite the increase in absolute terms and the changing composition, the Department of Economic Affairs of the Union Finance Ministry has said in a report.
However, in absolute terms, ad spends are showing an uptick, the reason being the expected increase in sales as compared to the previous year.
In absolute terms, first-half GDP was 30.3 billion leva and second-quarter GDP was 16.3 billion leva.
Mr Wooler said: "There has been a decline in recent years in the total number of prosecutions both in absolute terms and as a proportion of offences brought to justice.
The move comes after a complaint by the British Leather Confederation in May that claimed that imports had risen overall in absolute terms and in terms of market share, and that the dumping margin calculated was significant.
Although the disposable weekly income of the richest 10% of households and the poorest 10% had increased at the same rate, in absolute terms the gap had grown, according to the Office for National Statistics.