The pace at which economic growth increases during a given interval. The quantities most commonly used to measure economic growth rate are Gross National Product and Gross Domestic Product. The growth in Gross Domestic Product is usually a good indication of economic growth, but in an economy for which earnings from overseas are substantial in relation to Gross Domestic Product, it is better to look at Gross National Product.
Related information about economic growth rate:
- Economic Growth Rate Definition | Investopedia
A measure of economic growth from one period to another in percentage terms. This measure does not adjust for inflation, it is expressed in nominal terms.
- Economic growth - Wikipedia, the free encyclopedia
... a country which creates $9,000,000,000 in goods and services in 2010 and then creates $9,090,000,000 in 2011, has a nominal economic growth rate of 1% ...
- BBC News - US economic growth rate revised up to 2.7%
12 hours ago ... The US economy grew at an annualised 2.7% in the third quarter of the year, revised data shows, up from the 2% estimate released before the ...
- US economic growth rate revised to 2.7 pct - Xinhua | English.news.cn
12 hours ago ... WASHINGTON, Nov. 29 (Xinhua) -- U.S. economic growth rate was revised upward to an annual rate of 2.7 percent in the third quarter this year, ...
- What is economic growth rate? - InvestorWords.com
Definition of economic growth rate: The pace at which economic growth increases during a given interval. The quantities most commonly used to measure ...
- What is economic growth rate? - BusinessDictionary.com
Definition of economic growth rate: Annual rate at which a country's or an industry's income increases. When this rate is adjusted for the effects of inflation, it is ...
- Economic growth rate up to 2 percent - StamfordAdvocate
Oct 26, 2012 ... the 1.74 percent annual growth rate for the first nine months of 2012 trails last year's 1.8 percent growth -- a point that Republican nominee Mitt ...
- GDP Growth: Obama Presides Over Second Slowest Economic ...
Despite this anemic economic growth rate, the stock market cheered today's report because this growth rate matched or exceeded investors' expectations.