GDP growth refers to the increase in the value of all goods and services produced in a country over a specific period, usually measured annually. It is an important indicator of economic health, reflecting how well an economy is performing. When GDP rises, it often suggests that businesses are thriving, jobs are being created, and consumers are spending more. Factors that contribute to GDP growth include increased consumer spending, business investments, government spending, and exports. Conversely, a decline in GDP can indicate economic challenges, such as reduced consumer confidence or lower production levels. Understanding GDP growth helps policymakers and economists make informed decisions.