economic growth

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economic growth

A rise in the National Income which implies a rise in living standards.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.economic growth - steady growth in the productive capacity of the economy (and so a growth of national income)
economic process - any process affecting the production and development and management of material wealth
References in periodicals archive ?
I hope that in the coming years, the budget deficit will be smaller that the GDP growth rate considering the GDP growth rate is expected to finance the deficit," he said.
6 in 2014, Oman's GDP growth had been projected at 5.
Summary: TEHRAN (FNA)- Cyprus' GDP growth rate recorded a decrease of 4.
The central bank of Peru has said that GDP growth in the nation for 2013 would be 6.
BRUSSELS, Nov 7 (KUNA) -- The short-term outlook for the EU economy remains fragile, but a gradual return to GDP growth is projected for 2013, according to the Autumn forecast released here Wednesday by the European Commission.
Observers noted that the move may prompt the Directorate General of Budget, Accounting, and Statistics (DGBAS) to revise downward, for the ninth time, Taiwan's GDP growth rate to less than 1.
Further, the Fed boosted its outlook for GDP growth in 2013 and 2014.
5 percent in 2011, which was also the average real GDP growth rate in the U.
While real non-oil GDP growth is projected to strengthen to 3.
This is a consequence of exceptionally fast nominal GDP growth of around 48.
New Delhi, Feb 7 ( ANI ): Finance Minister Pranab Mukherjee on Tuesday said that the main reason for decline in GDP growth is a slowdown in industrial growth, and in particular in investment growth.
ISLAMABAD, January 23, 2012 (Frontier Star): Independent economists have said that keeping in view the current economic situation of the country government is unlikely to achieve 4 per cent GDP growth rate during current financial year 2011-12.