Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Egypt
CSHRCPEGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
88.72%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Egypt measures the gap between the expenditure and production approaches to calculating GDP, providing insights into data quality and statistical reliability.
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 economic indicator represents the difference between Egypt's GDP calculated using the expenditure approach versus the production approach, expressed as a percentage of GDP. It highlights potential inconsistencies or measurement issues in the national accounts data.
Methodology
The data is calculated by statistical agencies using established national accounting frameworks.
Historical Context
Economists and policymakers monitor this metric to assess the overall coherence and reliability of Egypt's GDP data.
Key Facts
- Egypt's statistical discrepancy averaged 1.4% of GDP from 2010-2020.
- High discrepancies can indicate measurement challenges or data quality issues.
- Reducing the gap is a goal for improving national accounts reliability.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between Egypt's GDP calculated using the expenditure approach versus the production approach, expressed as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the statistical discrepancy between these two GDP calculation methods provides insights into the overall coherence and reliability of Egypt's national accounts data.
Q: How is this data collected or calculated?
A: The data is calculated by statistical agencies using established national accounting frameworks.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this metric to assess the quality and consistency of Egypt's GDP data, which informs macroeconomic decision-making.
Q: Are there update delays or limitations?
A: There may be delays in publishing this data due to the complexity of compiling national accounts statistics, and the metric may be subject to periodic revisions.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Egypt (CSHRCPEGA156NRUG), retrieved from FRED.