What does economic growth mean?

Definitions for economic growth

Here are all the possible meanings and translations of the word economic growth.

Princeton's WordNet

  1. economic growth(noun)

    steady growth in the productive capacity of the economy (and so a growth of national income)


  1. economic growth(Noun)

    The growth of the economic output of a country.


  1. Economic growth

    Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Growth is usually calculated in real terms, i.e. inflation-adjusted terms, in order to obviate the distorting effect of inflation on the price of the goods produced. In economics, "economic growth" or "economic growth theory" typically refers to growth of potential output, i.e., production at "full employment". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic aspects of the development process in low-income countries. See also Economic development. Since economic growth is measured as the annual percent change of gross domestic product, it has all the advantages and drawbacks of that measure.


  1. Chaldean Numerology

    The numerical value of economic growth in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of economic growth in Pythagorean Numerology is: 6

Sample Sentences & Example Usage

  1. Dominic Bokor-Ingram:

    Everything is in place for economic growth.

  2. Zhang Liqun:

    This shows stabilization in economic growth.

  3. Zhang Liqun:

    This shows stabilisation in economic growth.

  4. Kevin Headland:

    Canadian economic growth prospects are muted at best.

  5. John Manley:

    Economic growth is beginning to make itself more evident.

Images & Illustrations of economic growth

  1. economic growtheconomic growtheconomic growth

Translations for economic growth

From our Multilingual Translation Dictionary

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