GDP Growth Rate Calculator
Calculate GDP growth rate. Formula: ((GDP_new - GDP_old) / GDP_old) × 100.
Formula
Growth% = ((GDP_new - GDP_old) / GDP_old) × 100
23500→24100B
Inputs
- Previous Year GDP ($B): 23500
- Current Year GDP ($B): 24100
2.55% growth
Frequently asked questions
What is GDP?
Gross Domestic Product; total market value of goods/services