Expenditure-side Real GDP at Current Purchasing Power Parities for Bhutan
CGDPESBTA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,497.95
Year-over-Year Change
77.85%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the expenditure-side real gross domestic product (GDP) of Bhutan, adjusted for differences in purchasing power across countries. It provides insights into the size and growth of Bhutan's economy relative to other nations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The expenditure-side real GDP at current purchasing power parities (PPPs) for Bhutan is a comprehensive measure of the country's economic output. It takes into account the prices of goods and services in Bhutan compared to an international standard, allowing for cross-country comparisons of economic activity.
Methodology
The data is collected and calculated by the World Bank using a range of national accounts and price data.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to analyze Bhutan's economic performance and compare it to other developing countries.
Key Facts
- Bhutan's real GDP at PPP was $7.8 billion in 2021.
- Bhutan's economy grew by 4.1% in 2021 after contracting in 2020.
- Bhutan's GDP per capita at PPP was $10,062 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expenditure-side real gross domestic product (GDP) of Bhutan, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and growth of Bhutan's economy relative to other nations, which is valuable for economists, policymakers, and international organizations analyzing Bhutan's economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a range of national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to analyze Bhutan's economic performance and compare it to other developing countries.
Q: Are there update delays or limitations?
A: The data is published with some delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Bhutan (CGDPESBTA666NRUG), retrieved from FRED.