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

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

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

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

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.

Argentina s long term GDP growth has been disappointing.

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.

Even this year, the consensus got it wrong, expecting a recovery to above trend annual GDP growth faster than 3 .

NEW HAVEN At 7.7 , China s annual GDP growth in the first quarter of this year was slower than many expected.

During the period 2000 to 2003, the annual average rate of economic growth, as measured by the growth of gross domestic product (GDP) was 2.1 per cent.

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

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

Indeed, they may be easily absorbed as long as annual GDP growth remains at 8 9 and, most importantly, as long as local government borrowings are now contained.

From 2003 to 2012, China s annual GDP growth averaged 10.5 , while prices rose by only 3 annually.

Indeed, annual real GDP rose by 9 in 2010.

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.

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

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

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

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

In April 2010, the International Monetary Fund s World Economic Outlook projected 1.8 annual GDP growth in Germany and the Netherlands in 2013.

Earlier this year, economic forecasters were predicting that annual GDP growth would reach 3 or more in the second half of 2010.

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

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.

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 .

Prior to the explosion, average annual GDP growth in the region had been humming along at 4.6 for a decade, with strong improvement in human development indicators.

Japan s GDP share is about one third of Asia and 8 of the world.

This generates liquidity, which then stimulates GDP growth.

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

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.

With a debt GDP ratio of 230 , a four percentage point rise in borrowing costs would cause the annual deficit to double, to 20 of GDP.

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.

Annual GDP growth in the first three quarters of 2010 averaged only about 2.6 and most of that was just inventory building.

For the last five years, Pakistan s annual GDP growth has averaged just 3 half the rate needed to absorb two million new labor force entrants every year.

Indeed, Japan s debt is now roughly 230 of GDP, higher than that of Greece (175 of GDP) and nearly twice that of Italy (125 of GDP).

In subsequent years, until the global financial crisis erupted in 2008, Argentina s annual GDP growth was 8 or higher, one of the fastest rates in the world.

In May 2010, the International Monetary Fund projected presumably in concurrence with its European partners that Greece s annual GDP growth would exceed 1 in 2012.