Usually means: Difference between actual and potential GDP.
Definitions Related words Mentions
We found 10 dictionaries that define the word Output gap:

General (3 matching dictionaries)
  1. output gap: Oxford Learner's Dictionaries
  2. output gap: Dictionary.com
  3. Output gap: Wikipedia, the Free Encyclopedia

Business (6 matching dictionaries)
  1. Output gap: Deardorff's Glossary of International Economics
  2. Output Gap: Investopedia
  3. Output Gap: Financial dictionary
  4. Accounting, Business Studies and Economics Dictionary (No longer online)
  5. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. output gap: Encyclopedia

Definitions from Wikipedia (Output gap)

noun:  The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP, in an attempt to identify the current economic position over the business cycle.


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