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Topical Terminology > Economic Growth Rate



3 Definitions

Economic Growth Rate

For Economic Growth Rate we have terms and definitions in 3 topics. The topics are Finance, Frauds and Scams and Investing.



Economic Growth Rate (Finance)

The annual percentage rate of change in the Gross National Product.


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Economic Growth Rate (Frauds and Scams)

Annual percentage change in the gross national product (GNP). If the rate rises in two consecutive quarters, it is considered to indicate an expanding economy. If the rate drops in two consecutive quarters, it is considered to mean a recession. A "real economic growth rate" is obtained when the rate is adjusted for inflation.


Economic Growth Rate (Investing)

Annual percentage change in the gross national product (GNP). If the rate rises in two consecutive quarters, it is considered to indicate an expanding economy. If the rate drops in two consecutive quarters, it is considered to mean a recession. A "real economic growth rate" is obtained when the rate is adjusted for inflation.

See Also: Gross National Product




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