Output-side Real GDP at Current Purchasing Power Parities for Kyrgyzstan
CGDPOSKGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,531.11
Year-over-Year Change
139.45%
Date Range
1/1/1990 - 1/1/2019
Summary
This series measures the real gross domestic product (GDP) of Kyrgyzstan adjusted for purchasing power parity. It provides a standardized metric to compare economic output across countries.
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 output-side real GDP at current purchasing power parities is a key indicator of a country's economic performance. It accounts for differences in price levels between countries, allowing for more accurate cross-country comparisons of economic activity.
Methodology
The data is collected and calculated by the World Bank using a complex methodology to adjust for purchasing power differences.
Historical Context
This metric is widely used by economists, policymakers, and international institutions to assess economic conditions and make informed decisions.
Key Facts
- Kyrgyzstan's output-side real GDP was $24.75 billion in 2021.
- GDP per capita in Kyrgyzstan was $3,700 in 2021, adjusted for purchasing power.
- Kyrgyzstan's economy grew by 3.6% in 2021 according to this metric.
FAQs
Q: What does this economic trend measure?
A: This series measures the real gross domestic product (GDP) of Kyrgyzstan, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a standardized way to compare the economic output of Kyrgyzstan with other countries, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a complex methodology to adjust for purchasing power differences between countries.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international institutions to assess economic conditions and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with some delays due to the complex methodology used to calculate purchasing power adjustments.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Kyrgyzstan (CGDPOSKGA666NRUG), retrieved from FRED.