Economy

GDP Growth Rate

Definition

The annual percentage change in a country's real GDP, measuring how fast an economy is expanding or contracting.

Explanation

Real GDP growth adjusts for inflation, showing actual increases in economic output. Developing economies often grow faster (5-10%) while advanced economies typically grow 1-3%. Negative growth indicates a recession. The IMF publishes GDP growth estimates and forecasts in its World Economic Outlook.

See Current Data

Explore gdp growth rate data for all 218 countries with interactive charts and historical trends.

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