Expenditure-side Real GDP at Current Purchasing Power Parities for Indonesia
CGDPESIDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,087,351.00
Year-over-Year Change
134.42%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Indonesia from the expenditure side, adjusted for purchasing power parity. It provides insights into the overall size and composition of Indonesia's economy.
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 Indonesia represents the total value of all goods and services produced within the country, adjusted for differences in price levels across countries. This metric is widely used by economists and policymakers to compare economic activity and living standards across nations.
Methodology
The data is calculated by the World Bank using household consumption, government consumption, gross capital formation, and net exports.
Historical Context
This trend is crucial for understanding Indonesia's economic performance and its relative position within the global economy.
Key Facts
- Indonesia's expenditure-side real GDP at current PPPs was $3.4 trillion in 2021.
- Indonesia's economy is the largest in Southeast Asia and the 16th largest in the world.
- Real GDP growth in Indonesia averaged 5.1% per year from 2010 to 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced within Indonesia, adjusted for differences in price levels across countries using purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for comparing the size and performance of Indonesia's economy relative to other countries, as well as understanding its economic development and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household consumption, government consumption, gross capital formation, and net exports.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Indonesia's economic growth, competitiveness, and integration into the global economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to some time lags, as the World Bank compiles and releases the information on an annual basis.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Indonesia (CGDPESIDA666NRUG), retrieved from FRED.