Finance

GDP Growth Rate Calculator

Find the GDP growth rate between two periods.

Calculated Output

Growth rate (%) 4.762

Formula: growth = (current − old) ÷ old × 100

Step-by-Step Breakdown

1. Values used:

2. Previous GDP = 21,000 $

3. Current GDP = 22,000 $

5. Growth rate = 4.762%

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The math behind it

growth rate = (current GDP − previous GDP) ÷ previous GDP × 100.

21,000 → 22,000 → 4.76%.

Real vs nominal?

Use real GDP to strip out inflation.