in this age of globalization to achieve global ambition businesses can invest their money almost anywhere around the globe and taste the success but when this kind of investment takes place by international investors or local investors the employment in that country increases which increases the consumption of good and ramps up the production this cycle of consumption and production positively impacts the economy of that country and to measure such impact a term is used that is GDP growth rate the GDP growth rate is the most important indicator of economic health when the economy is expanding the GDP growth rate is positive and businesses will start investing but if it is declining then businesses will hold off investment in these countries and indicates recession this GDP growth rate is calculated by majorly two Institute's World Bank and IMF before the colonial era countries in Asia were economically dominant around the globe but due to colonialism industrialization and innovation many countries in the West have experienced high growth rates in the 19th and 20th century but in this century the economic growth cycle is shifting again towards the Asian countries such as China India and Indonesia and it is predicted that this trend will continue until the end of this century which will lead the shift of economic center of world from west towards Asia and stay there for at least the next century so in this video you are going to see GDP growth rate projections for the year 2019 but before we begin do not forget to hit the subscribe button and bell icon so you don't miss any of our future videos let's begin [Music]
This Video includes a list of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year. The statistics were compiled from the IMF World Economic Outlook Database with the vast majority of estimates corresponding to the 2019calendar year.Economic
growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
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