Output-side Real GDP at Current Purchasing Power Parities for Mauritius
CGDPOSMUA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,030.90
Year-over-Year Change
41.68%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Mauritius, adjusted for purchasing power parity (PPP). It provides a standardized measure of economic output that enables cross-country 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
The Output-side Real GDP at Current Purchasing Power Parities for Mauritius tracks the total value of all goods and services produced within the Mauritian economy, adjusted to account for differences in relative prices across countries. This metric is useful for analyzing Mauritius' economic performance and its position relative to other nations.
Methodology
The data is collected and calculated by the World Bank using established PPP conversion factors.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess Mauritius' economic competitiveness and development.
Key Facts
- Mauritius' real GDP in 2021 was $25.7 billion (PPP).
- Mauritius' per capita GDP (PPP) was $20,206 in 2021.
- Mauritius has experienced steady economic growth in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced within the Mauritian economy, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric enables cross-country comparisons of economic output and performance, which is crucial for analyzing Mauritius' economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using established purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess Mauritius' economic position and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Mauritius (CGDPOSMUA666NRUG), retrieved from FRED.