noun
real economic growth rate
Economic indicator measuring GDP growth adjusted for inflation. Used in news, policy, and academic contexts.
今年の実質経済成長率は2%と予測されている。
This year's real economic growth rate is forecast at 2%.
名目経済成長率 is the nominal economic growth rate, not adjusted for inflation, while 実質経済成長率 is the real rate after removing price changes.
Compound of 実質 (real, substantial), 経済 (economy), 成長 (growth), and 率 (rate).