When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross ...
Zhengzhou just released its economic performance data for the first half of 2024. According to preliminary calculations, the city's gross domestic product (GDP) reached 725.24 billion yuan. Adjusted for inflation, this rep...
Reported gross domestic product is adjusted for inflation. The growth of unadjusted GDP means an economy has experienced one of five scenarios: Produced more at the same prices Produced the same amount at higher prices Produced more at higher prices Produced much more at lower prices Produced less...
Real GDP, adjusted for inflation, grew 0.6 percent in the April-June quarter compared with the same period of last year, according to the Bank of Korea (BOK)'s revised data. The growth rate was down 0.1 percentage point from the preliminary figure announced in July. The real GDP growth r...
SEOUL, Jan. 22 (Xinhua) -- South Korea's real gross domestic product (GDP), adjusted for inflation, grew 2.7 percent in 2018 from the previous year, central bank data showed on Tuesday. It was the lowest growth in six years, after expanding 3.1 percent in 2017, according to the Bank ...
This metric measures the three-year compound annual growth rate of real gross domestic product by state, which has been adjusted for inflation to allow for comparison. Data comes from the Bureau of Economic Analysis.+ Read More ...more ...
South Korea's economic growth stayed below 1 percent for two quarters through the third quarter on lower corporate investment that offset an increase in export and private consumption, central bank data showed on Tuesday. Real gross domestic product (GDP) adjusted for inflation, amoun...
De Silva also believes that people ought to get a positive interest rate that has been adjusted for inflation, as opposed positive nominal interest rate. However, as per current statistics, this has not been the case. The real interest rate has been declining since 2015, with the rate be...
Hurricane Katrina caused a record $180 billion in damage in 2005, adjusted for inflation.37 Bush responded to the 2008 financial crisis by sending out tax rebate checks.38He nationalized mortgage agencies Fannie Mae and Freddie Mac and insurance giant AIG. He also approved abank bailout package...
The growth rate of gross domestic product is the change experimenting by GDP (gross domestic product) over a period of time. The real economic growth rate is calculated used real GDP (at constant prices), adjusted for inflation. Is the ratio between real GDP and real GDP of period n-1, ...