Expenditure-side Real GDP at Current Purchasing Power Parities for Swaziland
CGDPESSZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,685.63
Year-over-Year Change
8.84%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures Swaziland's real gross domestic product (GDP) adjusted for purchasing power parity (PPP). It provides a standardized measure of economic output that allows for international comparisons.
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
Expenditure-side real GDP at current PPPs represents the total final expenditure at purchasers' prices (including the free-on-board value of exports and excluding the free-on-board value of imports) of all resident institutional units in the domestic economy, converted to a common currency using PPP rates.
Methodology
The data is calculated by the World Bank using underlying national accounts and price data.
Historical Context
This metric is widely used by economists and policymakers to assess Swaziland's economic performance and living standards relative to other countries.
Key Facts
- Swaziland's GDP in 2021 was $8.4 billion.
- GDP per capita in Swaziland was $7,258 in 2021.
- Swaziland's economy grew by 3.8% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures Swaziland's real gross domestic product (GDP) adjusted for purchasing power parity (PPP), providing a standardized measure of economic output.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess Swaziland's economic performance and living standards relative to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using underlying national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to evaluate Swaziland's economic growth, competitiveness, and living standards compared to other nations.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the World Bank, which may result in slight delays in availability.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Swaziland (CGDPESSZA666NRUG), retrieved from FRED.