GDP Growth Rate Calculator
Calculate economic growth rate to measure development and progress over time
GDP Growth Rate Calculation
GDP Growth Results
Example: US Economic Growth Analysis
Historical US GDP Growth Rates
2016: GDP = $18.75T, Growth = +1.70%
2017: GDP = $19.54T, Growth = +2.27%
2018: GDP = $20.61T, Growth = +2.85%
2019: GDP = $21.43T, Growth = +2.16%
2020: GDP = $20.95T, Growth = -3.40% (COVID-19 recession)
2021: GDP = $22.99T, Growth = +5.95% (recovery)
Growth Rate Calculation Example
2017 Growth: ($19.54T - $18.75T) / $18.75T × 100 = +4.21%
Interpretation: Strong economic expansion with healthy GDP growth above 2%
Growth Rate Benchmarks
Negative Growth
Economic contraction or recession
0-2% Growth
Slow growth, below potential
2-4% Growth
Healthy economic expansion
4%+ Growth
Very high growth, inflation risk
Understanding GDP Growth Rate
What is GDP Growth Rate?
GDP growth rate measures the percentage change in the inflation-adjusted market value of goods and services produced by an economy over a specific period. It's a key indicator of economic health and development.
GDP Growth = (Current - Previous) / Previous × 100
- Current: GDP in current period
- Previous: GDP in previous period
Importance in Economics
Policy Guidance
- • Government spending decisions
- • Monetary policy adjustments
- • Tax policy changes
Economic Health
- • Business cycle analysis
- • Investment opportunities
- • International comparisons
Types of GDP Growth
- Real GDP Growth: Inflation-adjusted
- Nominal GDP Growth: Current prices
- Per Capita Growth: Population-adjusted
Time Periods
- Annual: Year-over-year comparison
- Quarterly: Quarter-over-quarter
- Monthly: Month-over-month
Global Context
- Developed economies: 2-3% typical
- Emerging markets: 4-7% common
- Developed countries: 1-2% average