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GDP = Private Consumption (C) + Gross Investment (I) + Government Spending (G) + Net Exports (X−M). Real GDP adjusts for inflation using the GDP deflator. GDP per capita divides by population for cross-country comparisons. GDP growth rate = (current − previous) / previous × 100%. Limitations: GDP omits unpaid work, income distribution, environmental costs, and informal economies.
Compound annual growth rate between two index levels over whole years.
CAGR
5.387%