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Understanding Potential GDP and the Output Gap
The output gap is the difference between an economy’s actual output and its potential output. Monetary policymakers use the output gap to help inform their policy decisions.
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12K views · 38 reactions | The Philippine Gross Domestic Product (GDP) recorded a year-on-year growth of 5.2 percent in the fourth quarter of 2024, bringing the full-year 2024 GDP year-on-year growth rate to 5.6 percent. Read the latest results of #PHGDP: https://psa.gov.ph/node/1684066634 | Philippine Statistics Authority | Facebook
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12K views · 38 reactions | The Philippine Gross Domestic Product (GDP) recorded a year-on-year growth of 5.2 percent in the fourth quarter of 2024, bringing the full-year 2024 GDP year-on-year growth rate to 5.6 percent. Read the latest results of #PHGDP: https://psa.gov.ph/node/1684066634 | Philippine Statistics Authority | Facebook
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