Measure the economic performance of a country by calculating the percent change in Gross Domestic Product (GDP).
Economic Data
Enter in billions or trillions
Growth Analysis
GDP Growth Rate2.42%Economic Expansion
Positive economic growth detected
About this calculator
Overview
The GDP Growth Rate measures how fast the economy is growing. It does this by comparing one quarter of the country's economic output (Gross Domestic Product) to the previous quarter.
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Pro Tips
A healthy growth rate is generally between 2% and 3% for developed nations.
Negative growth for two consecutive quarters is the standard definition of a recession.
Real GDP growth accounts for inflation, while Nominal GDP growth does not.
