Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Angola
CSHRCPAOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.12
Year-over-Year Change
2.48%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Angola measures the difference between national accounts and trade data, which is important for understanding economic imbalances and data quality.
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
This indicator represents the statistical discrepancy between Angola's GDP and trade data, expressed as a percentage of GDP. It reflects data and measurement challenges that economists must account for when analyzing the Angolan economy.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
Policymakers and analysts use this metric to assess the reliability of Angola's economic data and identify potential areas for improvement.
Key Facts
- Angola's statistical discrepancy was 4.6% of GDP in 2020.
- This metric has fluctuated between 2-6% over the past decade.
- High statistical discrepancies can indicate data collection or measurement challenges.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between Angola's GDP and trade data, expressed as a percentage of GDP. It reflects statistical discrepancies in the national accounts.
Q: Why is this trend relevant for users or analysts?
A: The statistical discrepancy is an important metric for understanding the reliability and quality of economic data for Angola, which is crucial for policymakers and analysts.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts and trade statistics for Angola.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the reliability of Angola's economic data and identify areas for potential data collection or measurement improvements.
Q: Are there update delays or limitations?
A: This data may be subject to delays in reporting or revisions by the source agency, the World Bank.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Angola (CSHRCPAOA156NRUG), retrieved from FRED.