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Average real economic growth leveled off to about 3.5% in 1996–99 due to the Asian financial crisis, the 1998 Russian financial crisis, and worsening commodity prices, especially copper and gold. Mongolia's gross domestic product (GDP) growth fell from 3.2% in 1999 to 1.3% in 2000. The decline can be attributed to the loss of 2.4 million ...
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
According to this formula the incremental capital output ratio can be computed by dividing the investment share in GDP by the rate of growth of GDP. As an example, if the level of investment (as a share of GDP) in a developing country had been (approximately) 20% over a particular period, and if the growth rate of GDP had been (approximately) 5 ...
This is a list of countries by real GDP per capita growth rate. These numbers are corrected for inflation but not for purchasing power parity. [2] ... Mongolia: 5.5: 2023
GDP deflator for year = Real GDP growth on an annual basis is the nominal GDP growth rate adjusted for inflation. It is usually expressed as a percentage. "GDP" may refer to "nominal" or "current" or "historical" GDP, to distinguish it from real GDP. Real GDP is sometimes called "constant" GDP because it is expressed in terms of constant prices.
This is a list of Mongolian provinces by GDP and GDP per capita. The Mongolian tögrög has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate. [ 1 ]
The formula thus is: GDP (PPP) = GDP per capita (PPP) x population size It should be stressed that, historically speaking, population size is the far more important multiplier in the equation. This is because, in contrast to industrial economies , the average income ceiling of premodern agrarian societies was quite low everywhere, possibly not ...
Real GDP can be used to calculate the GDP growth rate, which indicates how much a country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change. The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate.