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What is negative economic growth?
Negative economic growth is a statistical vocabulary, which means that the growth of a certain data is negative, that is, it is reduced.

"Negative growth" is most commonly used in the field of economics. Sustained negative economic growth is also called economic recession/economic contraction/economic contraction. The International Monetary Fund, the World Bank and other financial institutions often use the word "negative growth" when issuing reports.

Negative growth is relative to positive growth (commonly known as "growth") In addition, if the growth amount is zero, it can be called zero growth.

Pay special attention to the subject of negative growth when understanding. For example, the economy grew by 6% last year and 2% this year, so it can't be said that the economy is negative, because the economy is still growing, but the speed is slow.

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