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Output gap

💡 Words with a Similar Meaning to "Output gap"

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WordDefinition
debt-to-gdp ratioIn economics, the debt-to-GDP ratio is the ratio between a country's government debt (measured in units of currency) and its gross domestic product (measured in units of currency per year).
real gross domestic product(real GDP) a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation).
balance of tradenoun(economics, trading) The difference between the monetary value of exports and imports in an economy over a certain period of time.
gdp deflatorIn economics, the (implicit price deflator) a measure of the money price of all new, domestically produced, final goods and services in an economy in a year relative to the real value of them.
gross domestic productnoun(economics) A measure of the economic production of a particular territory in financial capital terms over a specific time period.
total factor productivityIn economics, total-factor productivity, also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs.
economic growthnoun(economics) The growth of the economic output of a country.
gross national productnoun(economics) The total market value of all the goods and services produced by a nation (citizens of a country, whether living at home or abroad) during a specified period.
growth accountinga procedure used in economics to measure the contribution of different factors to economic growth and to indirectly compute the rate of technological progress, measured as a residual, in an economy.
net national productgross national product, i.e. the total market value of all final goods and services produced by the factors of production of a country or other polity during a given time period, minus depreciation.
aggregate demandIn economics, aggregate demand or domestic final demand is the total demand for final goods and services in an economy at a given time.
aggregate supplyIn economics, aggregate supply or domestic final supply is the total supply of goods and services that firms in a national economy plan on selling during a specific time period.
gross value addedIn economics, gross value added is the measure of the value of goods and services produced in an area, industry or sector of an economy.
deficit spendingnoun(economics) The spending by a government in excess of government revenue, intended to boost the economy.
green gross domestic productThe green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP.
gross regional domestic productGross regional domestic product, gross domestic product of region, or gross state product is a statistic that measures the size of a region's economy.
trade-to-gdp ratioThe trade-to-GDP ratio is an indicator of the relative importance of international trade in the economy of a country.
gross fixed capital formationa component of the expenditure on gross domestic product that indicates how much of the new value added in an economy is invested rather than consumed.
current accountnoun(UK, Ireland, Commonwealth, banking) An account at a bank which is used for daily transactions.
gross national incomenoun(economics) A more recent designation for gross national product, the total market value of all the goods and services produced by a nation.

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