Output-side Real GDP at Current Purchasing Power Parities for Mozambique
CGDPOSMZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,394.91
Year-over-Year Change
45.93%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the real Gross Domestic Product (GDP) of Mozambique, adjusted for purchasing power parity. It provides insights into the overall size and growth of the Mozambican economy.
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
Output-side real GDP at current purchasing power parities (PPPs) is a key indicator of a country's economic performance. It represents the total value of all goods and services produced within Mozambique, adjusted to account for differences in price levels between countries.
Methodology
The data is calculated by the World Bank using national accounts statistics and price data.
Historical Context
This trend is widely used by economists, policymakers, and investors to analyze Mozambique's economic development and competitiveness.
Key Facts
- Mozambique's output-side real GDP at current PPPs was $36.31 billion in 2021.
- This trend has grown at an average annual rate of 4.7% over the past decade.
- Mozambique's GDP per capita at current PPPs was $1,123 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced within Mozambique, adjusted for differences in price levels between countries using purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a comprehensive view of Mozambique's economic performance and is widely used by economists, policymakers, and investors to analyze the country's economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics and price data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Mozambique's economic growth, compare its performance to other countries, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may not fully capture the most recent economic developments in Mozambique.
Related Trends
Output-side Real GDP at Current Purchasing Power Parities for Israel
CGDPOSILA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Russian Federation
CGDPESRUA666NRUG
Capital stock at Current Purchasing Power Parities for China
CKSPPPCNA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Iraq
CTFPPPIQA669NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Norway
CGDPESNOA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Singapore
CTFPPPSGA669NRUG
Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Mozambique (CGDPOSMZA666NRUG), retrieved from FRED.