Output-side Real GDP at Current Purchasing Power Parities for Slovenia
CGDPOSSIA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,353.56
Year-over-Year Change
23.31%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic indicator measures Slovenia's real gross domestic product (GDP) adjusted for purchasing power parity (PPP), providing a standardized measure of 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 for Slovenia tracks the total value of all goods and services produced within the Slovenian economy, with adjustments made to account for differences in price levels between Slovenia and other countries. This metric is crucial for international economic comparisons and analyzing Slovenia's relative economic performance.
Methodology
The data is calculated based on national accounts information provided by the Slovenian government.
Historical Context
This trend is widely used by policymakers, analysts, and international organizations to assess Slovenia's economic competitiveness and living standards relative to other nations.
Key Facts
- Slovenia's real GDP (PPP) was $78.8 billion in 2021.
- Slovenia's real GDP (PPP) per capita was $37,767 in 2021.
- Slovenia's real GDP (PPP) grew by 6.9% in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of goods and services produced in Slovenia, adjusted for differences in purchasing power between Slovenia and other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for meaningful comparisons of Slovenia's economic output and living standards relative to other nations, which is crucial for policymakers and international organizations.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information provided by the Slovenian government.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, analysts, and international organizations to assess Slovenia's economic competitiveness and living standards relative to other countries.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of national accounts information provided by the Slovenian government.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Slovenia (CGDPOSSIA666NRUG), retrieved from FRED.