Output-side Real GDP at Current Purchasing Power Parities for Comoros
CGDPOSKMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,746.73
Year-over-Year Change
70.41%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the output-side real GDP at current purchasing power parities (PPPs) for Comoros. It provides a comprehensive assessment of the country's economic activity and productivity.
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 PPPs for Comoros represents the total value of goods and services produced within the country, adjusted for differences in purchasing power across economies. This metric is crucial for comparing living standards and economic performance between Comoros and other nations.
Methodology
The data is calculated by the World Bank using expenditure-side real GDP at constant PPPs and population figures.
Historical Context
Policymakers and analysts use this trend to evaluate Comoros' economic development and make informed decisions.
Key Facts
- Comoros' output-side real GDP at current PPPs was $1.75 billion in 2021.
- This metric has grown by an average of 1.7% per year over the past decade.
- Comoros is classified as a lower-middle-income economy by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services produced within Comoros, adjusted for differences in purchasing power across economies.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for comparing living standards and economic performance between Comoros and other nations, which is important for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using expenditure-side real GDP at constant PPPs and population figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Comoros' economic development and make informed decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the World Bank, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Comoros (CGDPOSKMA666NRUG), retrieved from FRED.