Definition: This entry gives GDP growth on an annual basis adjusted for inflation and expressed as a percent.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: GDP - real growth rate map
Real reason behind rate cut: Govt's growth concern trumps RBI's inflation worry
Firstpost - 3/5/2015 10:13:17 AM
The gradual shift of power from the Reserve Bank of India (RBI) to the government in charting the course of monetary policy is more evident from the surprise rate cut ... becoming the world’s fastest growing major economy, matching the growth of its ...
China’s GDP target cut, good or bad? The answer lies in the eye of the beholder
FORTUNE - 3/5/2015 9:44:39 AM
Less so. Whenever China’s GDP growth is in the headlines, it’s helpful to remember that individual prosperity isn’t driven by growth rates. China’s average per capita income remains very low despite the country’s standing as the world’s number ...
China Lowers Growth Target to About 7%
Wall Street Journal - 3/5/2015 9:23:11 AM
BEIJING—China lowered its economic growth forecast to about 7% for 2015 at the opening of the country ... growth in the world’s second-largest economy. The move signaled Beijing won’t take dramatic action to raise the growth rate above last year ...
India’s 8% GDP growth estimate is a joke
Quartz - 3/5/2015 5:34:07 AM
It shifted the reference year for measuring inflation-adjusted growth from 2004-05 to 2011-12. The CSO also included new data sources, classification systems, and items like LED television sets and smartphones to the country’s national accounts.
China lowers GDP growth to 7% with deepening reforms
Xinhua News Agency - 3/5/2015 7:28:39 AM
BEIJING, March 5 (Xinhuanet) -- China will continue to lower its GDP growth rate to around 7 percent in 2015 ... As the new leadership enters its third year, the country is under growing pressure to achieve the set goals. This is Premier Li Keqiang ...
China sets 2015 GDP growth target of around 7%
CNBC - 3/5/2015 5:34:07 AM
GDP expanded 7.4 percent last year from 7.7 percent in 2013. Read MoreChina's top political event lures country's ... has cut interest rates twice and lowered the reserve requirements of major banks in a bid to spur growth in the world's second largest ...
Equities are the real gold over long term
Economic Times - 3/5/2015 8:11:36 AM
Einstein said, "Compound interest is the eighth wonder of the world ... the economy, the nominal growth of the economy (real growth plus inflation) is a good proxy for the average growth in businesses. The table gives the nominal growth rates of Indian ...
China Signals 'New Normal' With Lower Annual Growth Target
NDTV - 3/5/2015 8:11:36 AM
Beijing: China announced an economic growth target for ... signalling that the lowest rate of expansion for a quarter of a century is the "new normal" for the world's No.2 economy. Speaking at the opening of the country's annual parliamentary meeting ...
China lowers 2015 growth target to 'approximately 7%'
Yahoo News - 3/5/2015 5:12:39 AM
Beijing (AFP) - China lowered its 2015 economic growth target to "approximately seven percent" Thursday, scaling down expectations in the face of "formidable" difficulties for the world's second-largest economy ... (NPC), the country's Communist-controlled ...
Growth in World Per-Capita Real GDP to Continue
Seeking Alpha - 11/30/2008 3:23:23 AM
One of the broader, more upbeat events of recent years is the significant and dramatic increase in real GDP per-capita worldwide ... the IMF predicts that world real GDP will rebound to above-average growth rates of 4.2% (2010), 4.8% (2011), 4.8% (2012 ...
Downward pressure on Chinese economy is intensifying : Premier Li Keqiang
Daily News and Analysis - 3/5/2015 5:12:39 AM
China's Premier Li Keqiang said the world's second ... China cut interest rates for the second time in three months, underscoring the growth challenges the country faces this year. With the ultimate goal of restructuring the economy to boost consumption ...
What's eating China's economy?
The Straits Times - 3/5/2015 4:29:42 AM
China surpassed Japan as the world's No. 2 economy by gross ... Housing alone makes up 15 per cent of China's economy and falling prices represent one of the biggest risks to Chinese growth. The entire real estate sector - including upstream and downstream ...
South Korean baby boomers work on, keeping both jobless rate and wages low
interaksyon.com - 3/5/2015 2:13:41 AM
South Korea's legion of older workers has helped keep the jobless rate ... countries and less than half the 7.1 percent OECD average. However, real wage growth averages less than 1 percent a year over the past decade even as the economy averaged brisk ...
China sets growth target of about 7% for 2015
Guampdn - 3/5/2015 3:39:35 AM
The announcement by Li Keqiang is in line with government plans to guide the world's second-largest economy to lower, more sustainable growth. Last year's target was 7.5%, though actual growth came in at 7.4%, the lowest since 1990. "A growth rate of ...
US economy on moderate growth track
Iafrica - 3/5/2015 8:33:04 AM
The US economy continued to grow at a fairly moderate rate in recent weeks despite ... the main driver of US economic growth, climbed overall, except for the Kansas City district in the central part of the country where retail sales declined.