Growth

Economic growth is the change in a country’s output from one year to the next and the growth rate is the percent change in the country’s output.
As usually the growth is a positive number of a country’s output increases from one year to the next. But occasionally output declines. In that case, the country has experience negative growth. Because output and income are equal and because income is directly related on a country’s welfare , growth – that is increase in output – is generally looked upon as desirable .