HOW TO CALCULATE GDP GROWTH RATE | GROWTH RATE IN PERCENTAGE
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HOW TO CALCULATE GDP GROWTH RATE | GROWTH RATE IN PERCENTAGE
To calculate the GDP (Gross Domestic Product) growth rate, you need the GDP values for two different periods, usually consecutive quarters or years. The formula for calculating the GDP growth rate is as follows: GDP Growth Rate = ((GDP in Current Period - GDP in Previous Period) / GDP in Previous Period) * 100 Here's a step-by-step example of ...
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