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  2. Real gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Real_gross_domestic_product

    Real gross domestic product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation). [1] This adjustment transforms the money-value measure, nominal GDP , into an index for quantity of total output.

  3. Economic growth - Wikipedia

    en.wikipedia.org/wiki/Economic_growth

    The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents ...

  4. Penn World Table - Wikipedia

    en.wikipedia.org/wiki/Penn_World_Table

    The Penn World Table (PWT) is a set of national-accounts data developed and maintained by scholars at the University of California, Davis and the Groningen Growth Development Centre of the University of Groningen to measure real GDP across countries and over time.

  5. Real and nominal value - Wikipedia

    en.wikipedia.org/wiki/Real_and_nominal_value

    Gross domestic product (GDP) is a measure of aggregate output. Nominal GDP in a particular period reflects prices that were current at the time, whereas real GDP compensates for inflation. Price indices and the U.S. National Income and Product Accounts are constructed from bundles of commodities and their respective prices. In the case of GDP ...

  6. Gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Gross_Domestic_Product

    Gross domestic product (GDP) is a monetary measure of the market value [2] of all the final goods and services produced and rendered in a specific time period by a country [3] or countries. [ 4 ] [ 5 ] [ 6 ] GDP is often used to measure the economic health of a country or region. [ 3 ]

  7. How fast is the UK's economy growing and what is GDP? - AOL

    www.aol.com/news/fast-uks-economy-growing-gdp...

    GDP is a measure of all the economic activity of companies, governments and people in a country. ... It now expects the UK economy to grow by 0.9% this year, down from its previous prediction of 1 ...

  8. List of countries by real GDP growth rate - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_real...

    Countries by real GDP growth rate in 2024 (IMF WEO database 2024) This article includes lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the total value of all final goods and services produced within a state in a given year compared with the previous year.

  9. Measures of national income and output - Wikipedia

    en.wikipedia.org/wiki/Measures_of_national...

    A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).