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economic growth

[ɪˌkɒnɒmɪk ɡroʊθ]
noun
crescimento econômico
1. An increase in the production of goods and services in an economy over a specific period, typically measured by Gross Domestic Product (GDP)
The country experienced strong economic growth of 5% last year.
O país experimentou um forte crescimento econômico de 5% no ano passado.
2. The expansion of an economy resulting from increased productivity and investment
Sustainable economic growth requires investment in education and infrastructure.
O crescimento econômico sustentável requer investimento em educação e infraestrutura.
Synonyms
economic expansioneconomic developmentprosperityexpansion
Antonyms
economic recessioneconomic declinestagnationcontraction

Regional Variations

General Brazilian
crescimento econômico
Most common usage in Brazilian Portuguese
São Paulo
crescimento econômico
Standard usage in business and financial contexts
Portugal
crescimento económico
Uses 'c' instead of 'c' in 'económico' following European Portuguese spelling conventions

Related Idioms & Phrases

engine of growth
double-digit growth
steady growth trajectory
robust economic growth
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