The economic growth rate is a key indicator of the increase in a nation's economic activity, represented by the annual percentage change in Gross Domestic Product (GDP). When adjusted for inflation, it is known as the real economic growth rate.
Gross Domestic Product (GDP) is a comprehensive measure of a nation's overall economic activity, representing the total dollar value of all goods and services produced over a specific time period within a country's borders.
The monetary value of all the goods and services produced by an economy over a specified period. GDP serves as a broad measure of overall economic activity and an indicator of an economy's health.
Gross National Product (GNP) is a measure of the economic output of a country, accounting for the market value of all goods and services produced by the residents of the country, whether located domestically or abroad.
Gross National Product (GNP) is a measure of the economic performance of a country's residents, reflecting the total value of goods and services produced by a country's residents, including overseas income.
A projection is an estimate of future performance made by economists, corporate planners, and credit and securities analysts to anticipate economic and financial conditions.
