3 ms·
Your understanding is incorrect: quoted growth numbers are real/constant-currency/inflation-adjusted, as per default in almost all economic reporting. Global n
by em500 9y ago
Your understanding is incorrect: quoted growth numbers are real/constant-currency/inflation-adjusted, as per default in almost all economic reporting.
Global numbers can be found here: http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG
- alok-g 9y agoThis is great. Where can I read more about the terms (newbie here, looking for guidance) like constant-currency, or more broadly, the methodology used in measuring these numbers. Can I also see similar charts for inflation somewhere?
- em500 9y agoWikipedia has most of the basics covered: https://en.wikipedia.org/wiki/Gross_domestic_product https://en.wikipedia.org/wiki/Gross_domestic_product. Global inflation numbers are also in World bank data: http://data.worldbank.org/indicator/FP.CPI.TOTL.ZG http://data.worldbank.org/indicator/FP.CPI.TOTL.ZG. "official" data sources and aggregators (national statistics bureaus), IMF, World Bank, FRED can be heavy on economics jargon. Trading economics is probably a bit friendlier for the layperson.