Want to calculate GDP growth rate? Enter the GDP for two consecutive periods, and our GDP Growth Rate Advanced Calculator Tool will show you the growth rate.
GDP Growth Rate Calculator
GDP Growth Rate Calculator
Component | Description |
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GDP in Current Period | The gross domestic product in the current period. |
GDP in Previous Period | The gross domestic product in the previous period. |
GDP Growth Rate | The percentage change in GDP from the previous period to the current period. |
Formula | GDP Growth Rate = ((GDP in Current Period - GDP in Previous Period) / GDP in Previous Period) × 100 |
Purpose | Used to measure the economic growth of a country, indicating the overall economic performance. |