Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
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GCC economy 2024: Real and nominal GDP figures differ, but both agree, non-oil sectors dominate the share
The Gulf Cooperation Council (GCC) economies showed steady growth in 2024, with rising contributions from non-oil sectors offsetting a decline in oil output. Real GDP rose 3.3% in the fourth quarter, ...
The International Monetary Fund has just warned of slowing global economic growth in its latest analysis. Similar to this finding, a newly issued report reveals the world’s wealthiest countries by ...
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