National Accounts   |   Statistics Division
Latest Data Upload: December 2012
 

Glossary - Definition of Term

Term
 Nominal growth
Definition Growth rates expressed as rate of change between two periods of which the values of the two periods are valued in prices of each of the reporting period.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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