Glossary
106 terms defined — economic, geographic, government & more
Real GDP Growth Rate
EconomicThe annual percentage change in a country's GDP adjusted for inflation. It measures how fast an economy is growing in real terms.
Example: China maintained double-digit GDP growth rates for much of the 2000s.
Real GDP growth rate
Remittances
EconomicMoney sent by foreign workers back to their home countries. A major source of income for many developing nations.
Example: India receives the most remittances globally, over $100 billion annually.
Remittances
Reserves of Foreign Exchange
EconomicAssets held by a central bank in foreign currencies, used to back liabilities and influence monetary policy.
Example: China holds the world's largest foreign exchange reserves at over $3 trillion.
Reserves of foreign exchange and gold
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