Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Portugal
CSHRCPPTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
99.09%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the share of residual trade and GDP statistical discrepancy for Portugal, expressed in current purchasing power parities. It provides insights into the accuracy and reliability of 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
The share of residual trade and GDP statistical discrepancy is an indicator that reflects the difference between the income and expenditure approaches to measuring GDP. It highlights potential measurement issues or statistical challenges in Portugal's national accounts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official national accounts statistics.
Historical Context
This trend is used by economists and policymakers to assess the quality and consistency of Portugal's macroeconomic data.
Key Facts
- The series is expressed as a percentage of GDP.
- Higher values indicate greater measurement challenges in Portugal's national accounts.
- The data is available on a quarterly basis since 1999.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of residual trade and GDP statistical discrepancy for Portugal, which reflects the difference between the income and expenditure approaches to measuring GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the accuracy and reliability of Portugal's national accounts data, which is important for economists and policymakers in assessing the quality of macroeconomic statistics.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official national accounts statistics from Portugal.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate the quality and consistency of Portugal's macroeconomic data, which is crucial for informed decision-making and policy formulation.
Q: Are there update delays or limitations?
A: The data is available on a quarterly basis since 1999, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Portugal (CSHRCPPTA156NRUG), retrieved from FRED.