Expenditure-side Real GDP at Current Purchasing Power Parities for Poland
CGDPESPLA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,258,024.13
Year-over-Year Change
69.87%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Poland's real GDP based on purchasing power parity, providing insight into the country's economic growth and development.
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 for Poland is a key indicator used by economists and policymakers to assess the size and performance of the Polish economy. It adjusts the country's GDP for differences in purchasing power across countries.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This metric is widely referenced in international economic analyses and policy decisions.
Key Facts
- Poland's 2021 GDP at PPP was $1.37 trillion.
- Poland has the largest economy in Central Europe.
- Real GDP growth in Poland averaged 4.2% from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures Poland's real GDP adjusted for differences in purchasing power across countries, providing a more accurate assessment of the size and performance of the Polish economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Poland's economic development and competitiveness compared to other countries, and for informing policy decisions and international economic analyses.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is widely referenced by policymakers, economists, and international organizations to assess Poland's economic performance and inform decisions on trade, investment, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in the most recent year's figures.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Poland (CGDPESPLA666NRUG), retrieved from FRED.