Post Reply  Post Thread 

GDP measurement

Author Message
Incumbent
Chief Public Representative
*


Posts: 2
Words count: 102
Group: Basic
Joined: Nov2010
Status: Offline
Reputation: 0
Experience: 6
Glory Points: 0
Medals: 0

Post: #1
GDP measurement

Quarterly growth of my economy hit 16% in the first three months of 1995, hmmm. I believe (and correct me if i'm wrong) that quarterly reports of GDP are forecasted at annualized rates and the actual reported growth of an economy isn't released until the end of each fiscal year. If that wasn't the case, then my economy last year (combining all four fiscal quarters) grew at over 12%. And miracle of miracles, my currency has appreciated in inflation rates .01% to ~2.5% since last year Noplan

21.05.2011 17:57
Find all posts by this user Quote this message in a reply
Helsworth
Heathen
****


Posts: 8,854
Words count: 1,597,451
Group: Super Moderators
Joined: Nov2008
Status: Offline
Reputation: 146
Experience: 859
Glory Points: 260
Medals: 11

Post: #2
RE: GDP measurement

It's no miracle dude. In each quarter you see real growth, but in order to find out the annual growth rate, you add every quarter and then divide by 4. Seeing how your state is almost identical to the average state, you did not have a miracle growth. On the contrary your annual percentage change of your economy is -1,3%.


https://www.patreon.com/SerbanVCEnache
21.05.2011 18:09
Find all posts by this user Quote this message in a reply
Post Reply  Post Thread 

View a Printable Version
Send this Thread to a Friend
Subscribe to this Thread | Add Thread to Favorites

Forum Jump: