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What is the growth rate of GDP 2008?

Anonymous

∙ 15y ago

Updated: 4/28/2022

The global GDP growth rate in real terms for 2008 is 3.2%. See related link for detailed breakdown.

Wiki User

∙ 15y ago

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Continue Learning about Economics

What is the GDP of Malaysia?

GDP - real growth rate: -2.8% (2009 est.) 4.6% (2008 est.) 6.2% (2007 est.)

How can one calculate the growth rate of real GDP?

To calculate the growth rate of real GDP, subtract the previous year's real GDP from the current year's real GDP, then divide by the previous year's real GDP and multiply by 100 to get the percentage growth rate.

How can one determine the growth rate of real GDP?

To determine the growth rate of real GDP, you can compare the current GDP to the previous period's GDP and calculate the percentage change. This can be done using the formula: (Current GDP - Previous GDP) / Previous GDP x 100. The result will give you the growth rate of real GDP.

Should the real GDP rate of growth be higher than the nominal GDP growth?

no

How to calculate the GDP growth rate and what factors are considered in determining it?

To calculate the GDP growth rate, you subtract the previous period's GDP from the current period's GDP, divide by the previous period's GDP, and multiply by 100. Factors considered in determining GDP growth rate include changes in consumer spending, business investment, government spending, and net exports.

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Related Questions

What is the GDP of Malaysia?

GDP - real growth rate: -2.8% (2009 est.) 4.6% (2008 est.) 6.2% (2007 est.)

What was the growth rate of Pakistan's GDP for 2008?

according to CIA World Fact Book, its 4.7% (2008 est.)

What is the current Rate of growth of GDP in the United States?

.5% or $7.7 for 3rd qtr 2008

How can one calculate the growth rate of real GDP?

To calculate the growth rate of real GDP, subtract the previous year's real GDP from the current year's real GDP, then divide by the previous year's real GDP and multiply by 100 to get the percentage growth rate.

How can one determine the growth rate of real GDP?

To determine the growth rate of real GDP, you can compare the current GDP to the previous period's GDP and calculate the percentage change. This can be done using the formula: (Current GDP - Previous GDP) / Previous GDP x 100. The result will give you the growth rate of real GDP.

how to calculate gdp growth rate?

The formula for calculating GDP growth rate is: (GDP in current year - GDP in previous year) / GDP in previous year x 100% Here's an example: Suppose the GDP of a country was $1 trillion in 2020 and it increased to $1.2 trillion in 2021. To calculate the GDP growth rate for 2021, we can use the formula above: ($1.2 trillion - $1 trillion) / $1 trillion x 100% = 20% Therefore, the GDP growth rate for 2021 is 20%. This means that the country's economy grew by 20% from 2020 to 2021.

Should the real GDP rate of growth be higher than the nominal GDP growth?

no

How to calculate the GDP growth rate and what factors are considered in determining it?

To calculate the GDP growth rate, you subtract the previous period's GDP from the current period's GDP, divide by the previous period's GDP, and multiply by 100. Factors considered in determining GDP growth rate include changes in consumer spending, business investment, government spending, and net exports.

How can one calculate the GDP per capita growth rate?

To calculate the GDP per capita growth rate, you can use the formula: GDP per capita growth rate ((GDP per capita in current year - GDP per capita in previous year) / GDP per capita in previous year) x 100 This formula helps measure the percentage change in GDP per capita over a specific period, indicating the rate of economic growth on a per person basis.

What is the percent annual growth rate of Brunei?

which growth rate? the GDP rate right now stands at -1.90% the population growth rate is +2.4%

How industrial sector effects GDP of India?

Sectors related to GDP:Agriculture Growth Rate-GDPIndustry Growth Rate- GDPInfrastructure Sector Growth Rate- GDPServices Sector Growth Rate- GDPBusiness Expectations Index Surveys on India GDPIndia GDP and Standard of LivingLimitations of GDP per Capita in Measuring GrowthGDP India vs. GDP ChinaIndia GDP Forecast 2008World Bank India GDPBy Anaya,The Cheesy Animation

What is the growth rate of GDP in Canada 2008?

0.4% See http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_mktp_kd_zg&idim=country:CAN&dl=en&hl=en&q=GDP+growth+in+Canada

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