But wages have grown at a far slower pace than GDP.

Real GDP growth in 2007 was 6.0 per cent.

Even an economy with an overall budget deficit will have a declining government debt GDP ratio if the growth rate of its nominal GDP exceeds that of its debt.

Over the last 30 years, in terms of the GDP growth rates, China has grown at twice the rate of India.

Argentina s long term GDP growth has been disappointing.

China s GDP growth fell dramatically, owing to the collapse of external demand.

Since 2008, banking sector credit growth in China has been among the fastest in the world, far outpacing GDP growth, and China s total debt has risen from 130 of GDP to 220 of GDP.

That is, China s annual GDP growth rate would drop by four percentage points if its exports did not grow at all.

Only 11 of its China beating nominal GDP growth between 2003 and 2011 was due to growth in real (inflation adjusted) output.

Historically, inflation in China has followed GDP growth with a lag.

After many years of outperformance, GDP growth has slowed sharply.

GDP annual average growth for the period of 1995 2002 was 5.1 .

GDP growth registered more than 10 per year in 2006 and 2007.

Since the second quarter of 2009, US annualized real GDP growth has averaged 2.4 .

China s GDP growth, which relies heavily on credit, will take a hit.

)The GDP grew after 1996 at an annual rate that averaged 3.2 real growth.

From a position of 5.1 real GDP growth in 1972, the UK went into recession in 1974, with GDP falling by 1.1 .

So, by the end of the year, we will see a slightly improved level of GDP, but the rate of GDP growth is likely to return to negative territory.

As of this year, 1 of GDP growth is consistent with more than 3.5 of credit growth.

In 2004, the economy experienced 6.4 GDP growth and 7.1 in 2007, its fastest pace of growth in three decades.

Politicians have exacerbated the situation by doubling down on fiscal austerity, which has undermined GDP growth while failing to shrink government debt GDP ratios.

But, over the same period, annual GDP growth has averaged a modest 3.5 , and productivity growth has slipped into negative territory.

This generates liquidity, which then stimulates GDP growth.

While nominal GDP generally rises over long periods of time at the same rate as the money stock, with interest rates very low and declining, households and institutions were willing to hold more money relative to total nominal GDP after 2008. So, while M2 grew by more than 6 , nominal GDP grew by just 3.5 and the GDP price index rose by only 1.7 .

Today, domestic investment has plummeted, exports are languishing, and GDP growth is down to around 4.5 per year.

The key to restoring China s GDP growth is, therefore, returning fixed asset investment growth to at least 25 .

After years of double digit GDP growth, the PRC s economy is decelerating.

BEIJING China s GDP growth this year may approach 10 .

The GDP growth rate was only 1.7 in 2011, and it is not significantly higher now.

From now on, consumption must grow much faster than GDP.

Indeed, annual GDP growth has fallen by five percentage points since 2010.

Improving the quality of GDP growth will depend on Chinese leaders willingness to enact market oriented reforms.

Even more worrying, the rate of GDP growth has been declining almost from the start of the recovery.

Despite real growth in gross domestic product, most least developed countries have fallen even further behind.

1 In 2004, Guatemala reverted to real per capita GDP growth.

Like Brazil, India experienced a spurt of output growth after liberalizing its economy in the 1990 s indeed, until a few years ago, GDP growth was approaching Chinese style rates.

This additional economic activity will boost overall GDP growth, yielding significant new fiscal revenues.

Official Chinese policy in recent years has been to make GDP growth greener.

The European Commission has warned that this will put a lower ceiling on GDP growth rates.

This damage could lower annual GDP growth by 1 1.5 for several years to come.

France is coming closer to the danger zone, and even Germany s annual GDP growth is falling well below 1 per year.

Upon the end of the war in 2003, GDP growth began to accelerate, reaching 9.4 in 2007.

Real GDP growth continued at a modest pace in 2004 in the Pacific island economies.

Academic research has shown that the national ACSI score is a strong predictor of Gross Domestic Product (GDP) growth, and an even stronger predictor of Personal Consumption Expenditure (PCE) growth.

Given this, China s leaders have decided to stop using GDP growth as the primary criterion for evaluating officials performance.