In the global landscape, the growth status of a country's economy is an important indicator of its development, living standards, and international standing. Real Gross Domestic Product (Real GDP), which takes into account inflation or deflation, provides a measure of economic output to reflect the true growth in an economy. This financial yardstick is crucially used to study the capacity of an economy to produce goods and services, indicative of its overall economic health.
Key findings from the data: