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Investments glossary

Real Economic Growth Rate

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Quotes of the day:

If we want a love message to be heard, it has to be sent out. To keep a lamp burning, we have to keep putting oil in it.

— Mother Teresa

The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms. The real economic growth rate is expressed as a percentage that shows the rate of change in a country’s GDP, typically, from one year to the next. Another economic growth measure is the gross national product (GNP), which is sometimes preferred if a nation’s economy is substantially dependent on foreign earnings.



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