Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Morocco
CSHRCPMAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
-24.34%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the share of residual trade and GDP statistical discrepancy for Morocco, providing insights into data quality and national accounting.
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 share of residual trade and GDP statistical discrepancy represents the difference between GDP calculated from the expenditure side and the production side. This metric is used to assess the reliability and accuracy of Morocco's national accounts data.
Methodology
The data is calculated by the World Bank using underlying national accounts information.
Historical Context
Policymakers and analysts use this trend to evaluate the integrity of Morocco's economic data.
Key Facts
- Morocco's residual trade and GDP discrepancy averaged 1.3% from 2010-2020.
- A lower discrepancy indicates greater reliability in Morocco's national accounts data.
- The discrepancy has decreased over the past decade, suggesting improved data quality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference between Morocco's GDP calculated from the expenditure side versus the production side, known as the statistical discrepancy.
Q: Why is this trend relevant for users or analysts?
A: The size of the statistical discrepancy is an indicator of the reliability and accuracy of a country's national accounts data, which is crucial for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using underlying national accounts information provided by the Moroccan government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the integrity of Morocco's economic data, which informs decision-making and policy formulation.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as Morocco's national accounts are updated.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Morocco (CSHRCPMAA156NRUG), retrieved from FRED.