Expenditure-side Real GDP at Current Purchasing Power Parities for Jordan
CGDPESJOA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,803.08
Year-over-Year Change
134.43%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Jordan on an expenditure basis, adjusted for purchasing power parity (PPP). It is a key metric for assessing the overall size and performance of Jordan'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 PPPs for Jordan provides a comprehensive measure of the country's economic output, taking into account both domestic consumption and international trade. It is a widely used indicator for comparing living standards and productivity across countries.
Methodology
The data is collected and calculated by the World Bank using household surveys, national accounts, and other sources.
Historical Context
This metric is closely watched by policymakers, investors, and international organizations to gauge Jordan's economic development and competitiveness.
Key Facts
- Jordan's expenditure-side real GDP at current PPPs was $105.3 billion in 2021.
- This metric has grown at an average annual rate of 2.4% over the past decade.
- Jordan's GDP per capita at current PPPs was $10,206 in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Jordan on an expenditure basis, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: The expenditure-side real GDP at current PPPs is a widely used metric for comparing the size and performance of Jordan's economy relative to other countries and over time.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using household surveys, national accounts, and other sources.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, investors, and international organizations to gauge Jordan's economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years 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 Jordan (CGDPESJOA666NRUG), retrieved from FRED.