Economic growth

The table below shows the real GDP figures for a developing economy over a two-year period:

Year	Real GDP (£bn)
2022	412.5
2023	421.8

What was the rate of economic growth for this economy in 2023?

$2.20%2.20\%$

$−2.25%-2.25\%$

$2.25%2.25\%$

$−2.20%-2.20\%$

The table below shows the real GDP figures for a developing economy over a two-year period:

Year	Real GDP (£bn)
2022	412.5
2023	421.8

What was the rate of economic growth for this economy in 2023?

$2.20%2.20\%$

$−2.25%-2.25\%$

$2.25%2.25\%$

$−2.20%-2.20\%$

Economic growth Questions