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What is Trend GDP Growth?

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 29 Dec 2017

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Trend growth is the estimated rate of growth of a nation’s productive potential. This short revision video looks at data for the UK and finds that productivity growth is the main driver of potential output over the long run.

Actual and potential GDP for the UK
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