"Gross domestic product (GDP) growth rate refers to the growth percentage of a country or region's GDP within a certain period of time, usually in units of annual growth rate. It reflects the speed and direction of economic development of a country or region. It is an economics It is an important indicator for countries and policy makers to judge the economic status of a country or region.

The GDP growth rate is calculated by subtracting the previous year's GDP from the current year's GDP, dividing the result by the previous year's GDP, and multiplying by 100%. For example, if a country's GDP was $100 billion last year and its GDP this year is $110 billion, the country's GDP growth rate this year is 10%.

The level of GDP growth rate is related to the speed and stability of economic growth. If the GDP growth rate is high, it means that the economy of the country or region is in the stage of high-speed growth, the economic vitality is strong, and more wealth and employment opportunities have been created. However, if the GDP growth rate is too fast, it may also cause problems such as inflation. On the contrary, if the GDP growth rate is low, it means that the economy of the country or region is developing slowly and may face problems such as economic shrinkage and rising unemployment rate.

GDP growth rate can be divided into real growth rate and nominal growth rate. The real growth rate refers to the GDP growth rate calculated when the price change factor has been taken into account, while the nominal growth rate refers to the GDP growth rate calculated without the price change factor being taken into account.

GDP growth rate is an important economic indicator, which can help governments and enterprises predict future economic development trends, formulate appropriate economic policies and development strategies, promote economic development and improve people's living standards. "