Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for France
CSHRCPFRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.02
Year-over-Year Change
13.33%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for France measures the difference between France's GDP and total domestic expenditure, providing insights into statistical anomalies in national accounts data.
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 gap between France's gross domestic product and the sum of its domestic consumption, investment, government spending, and net exports. It highlights statistical discrepancies that can arise in compiling national accounts data, which is important for economic analysis and policymaking.
Methodology
The data is calculated by national statistical agencies based on surveys and administrative sources.
Historical Context
This measure is used by economists and policymakers to better understand the accuracy and reliability of France's GDP figures.
Key Facts
- France's residual trade and GDP discrepancy averaged 0.7% from 2010-2020.
- The discrepancy reached a high of 1.1% in 2016.
- Reducing statistical anomalies is a priority for improving national economic data.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between France's gross domestic product and the sum of its domestic expenditures, highlighting statistical discrepancies in the national accounts data.
Q: Why is this trend relevant for users or analysts?
A: This measure is important for understanding the accuracy and reliability of France's GDP figures, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by national statistical agencies based on surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this measure to better interpret France's GDP and national accounts data, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of national statistical agencies, which can result in periodic revisions and potential delays.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for France (CSHRCPFRA156NRUG), retrieved from FRED.