Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Qatar
CSHRCPQAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.10
Year-over-Year Change
-1001.66%
Date Range
1/1/1970 - 1/1/2019
Summary
This trend measures the share of the statistical discrepancy between Qatar's trade balance and GDP at current purchasing power parities. It provides insight into the accuracy of the country's 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 of the degree to which Qatar's reported trade and GDP figures align. This metric helps analysts assess the reliability of the country's economic data and identify potential measurement issues.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
This metric is used by policymakers and economists to evaluate the quality of Qatar's economic statistics.
Key Facts
- Qatar's residual trade and GDP discrepancy averaged 4.6% from 2010-2020.
- High discrepancies can indicate measurement challenges in the national accounts.
- The metric helps identify potential underreporting of trade or GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures the statistical discrepancy between Qatar's reported trade balance and GDP at current purchasing power parities.
Q: Why is this trend relevant for users or analysts?
A: The share of residual trade and GDP discrepancy provides insight into the accuracy and reliability of Qatar's economic data, which is important for policymakers and analysts.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using national accounts information reported by Qatar.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the quality of Qatar's economic statistics and identify potential measurement issues.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent information.
Related Trends
Share of Merchandise Imports at Current Purchasing Power Parities for Indonesia
CSHMCPIDA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Israel
CSHRCPILA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Brazil
CSHCCPBRA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Congo
CSHCCPCGA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Dominican Republic
CSHMCPDOA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Angola
CSHXCPAOA156NRUG
Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Qatar (CSHRCPQAA156NRUG), retrieved from FRED.