Search results

The focus of the global goal “Decent Work and Economic Growth” is to ensure sustainable and environmentally friendly economic growth that would not involve excessive and unsustainable use of resources. Sustainable economic growth helps people escape poverty and find employment. The 2030 Agenda sets a target to achieve higher economic productivity, using diversification, technological upgrades and innovation, and focusing among else on sectors that have high value added and are labour-intensive. It is also expected that governments support the creation of decent jobs, entrepreneurship

Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

The green economy seeks a balance between human needs and the conservation of natural resources. More energy and material-efficient production, protecting the environment, manufacturing products with higher value-added as well as eco-design should ensure that human activities are more compatible with the nature's cycles and not a burden on nature. Green economy statistics provide an overview of the environmental goods and services sector’s output; exports; employment; value added; share in total economy. Based on statistics, the state can decide how to manage resources sustainably.