Real GDP means the GDP for the previous fiscal year expressed in constant dollars and adjusted for inflation produced by Statistics Canada’s Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts (also known as the provincial and territorial economic accounts) and published as “Real Gross Domestic Product at Market Prices” currently in November of each year. The Economic Stability Dividend
Real GDP means the GDP for the previous fiscal year expressed in constant dollars and adjusted for inflation produced by Statistics Canada’s Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts (also known as the provincial and territorial economic accounts) and published as “Real Gross Domestic Product at Market Prices” currently in November of each year.
Examples of Real GDP in a sentence
Real GDP growth is forecast to slow from 3.5 per cent in 2005 to 3.3 per cent in 2006, and 2.9 per cent in 2007.
Provided that the "Average of All Private Forecasts for Alberta's Real GDP" for 2023 calendar year is at or above 2.7% as of February of 2024, then an additional 0.5% will be added to wages retroactively effective February 1, 2024.
Two stage least squares (TSLS) is utilized in the paper to determine the simultaneous effect of the tariff reduction to trade value and growth in Real GDP of the Philippines.
Real GDP growth is forecast to slow from 3.6 per cent in 2005 to 2.8 per cent in 2006, and 2.6 per cent in 2007.
Helios Bay, New Caledonia Macroeconomic indicators for Pacific ACP countries* Real GDP growth (%) Inflation (%) Current account balance (% of GDP) 2008 2009 2010 2011 2008 2009 2010 2011 2008 2009 2010 2011 Pacific ACPs 4.8 2.5 5.7 4.6 9.7 6.1 6.1 6.3 13.8 2.5 -4.7 -7.8 *GDP-weighted averages of Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, East Timor, Tonga and Vanuatu.
More Definitions of Real GDP
Real GDP means the Annual Real Gross Domestic Product as reported by the U.S. Department of Commerce, Bureau of Economic Analysis.
Real GDP means in economists’ speak GDP in national currency at constant prices.
Real GDP means the GDP for the previous fiscal year expressed in constant dollars and adjusted for inflation produced by Statistics Canada’s Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts (also known as the provincial and territorial economic accounts) and published as “Real Gross Domestic Product at Market Prices” currently in November of each year. The Economic Stability Dividend 2. The Economic Stability Dividend shares the benefits of economic growth between employees in the public sector and the Province contingent on growth in BC’s real GDP.3. Employees will receive a general wage increase (GWI) equal to one-half of any percentage gain in real GDP above the forecast of the Economic Forecast Council for the relevant calendar year. 4. For greater clarity and as an example only, if real GDP were one percent above forecast real GDP then employees would be entitled to a GWI of one-half of one percent. Annual Calculation and publication of the Economic Stability Dividend 5. The Economic Stability Dividend will be calculated on an annual basis by the Minister of Finance for each collective agreement year from 2015/16 to 2018/2019 and published through the PSEC Secretariat. 6. The timing in each calendar year will be as follows:
Real GDP means the GDP for the previous fiscal year expressed in constant dollars and adjusted for inflation produced by Statistics Canada’s Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts (also known as the provincial and territorial economic accounts) and published as “Real Gross Domestic Product at Market Prices” currently in November of each year. The Economic Stability Dividend The Economic Stability Dividend shares the benefits of economic growth between employees in the public sector and the Province contingent on growth in BC’s real GDP. Employees will receive a general wage increase (GWI) equal to one-half (1/2) of any percentage gain in real GDP above the forecast of the Economic Forecast Council for the relevant calendar year. For greater clarity and as an example only, if real GDP were one percent (1%) above forecast real GDP then employees would be entitled to a GWI of one-half of one percent (0.5%). Annual Calculation and publication of the Economic Stability Dividend The Economic Stability Dividend will be calculated on an annual basis by the Minister of Finance for each collective agreement year commencing in 2015/16 to 2018/2019 and published through the PSEC Secretariat. The timing in each calendar year will be as follows: February Budget – Forecast GDP for the upcoming calendar year; November of the following calendar year – Real GDP published for the previous calendar year; November - Calculation by the Minister of Finance of fifty percent (50%) of the difference between the Forecast GDP and the Real GDP for the previous calendar year; Advice from the PSEC Secretariat to employers’ associations, employers and unions of the percentage allowable General Wage Increase, if any, for each bargaining unit or group with authorization to employers to implement the Economic Growth Dividend. For greater clarity and as an example only: For collective agreement year 3 (2016/17): February 2015 – Forecast GDP for calendar 2015; November 2016 – Real GDP published for calendar 2015; November 2016 - Calculation of the fifty percent (50%) of the difference between the 2015 Forecast GDP and the 2015 Real GDP by the Minister of Finance through the PSEC Secretariat; Direction from the PSEC Secretariat to employers’ associations, employers and unions of the percentage allowable General Wage Increase, if any, for each bargaining unit or group with authorization to employers to implement the Economic Growth Dividend Payment will b...
Real GDP means the level of gross domestic product at base year market prices as estimated by the Statistical Office;
Real GDP means the gross domestic product of [Sovereign] at constant prices as adjusted for inflation.