Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Syrian Arab Republic
CSHRCPSYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.28
Year-over-Year Change
1021.44%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Syrian Arab Republic measures the gap between the expenditure and production approaches to calculating GDP.
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 metric represents the statistical discrepancy between the expenditure and production-based measures of GDP for Syria. It is used by economists to understand the reliability and accuracy of the country's national accounts data.
Methodology
The data is calculated by the World Bank based on national statistics.
Historical Context
This indicator provides insight into the quality of economic data reporting in Syria, which is relevant for policymakers and analysts.
Key Facts
- Syria's GDP discrepancy has exceeded 10% since 2010.
- The discrepancy increased sharply during the Syrian civil war.
- Large statistical discrepancies can indicate data reliability issues.
FAQs
Q: What does this economic trend measure?
A: This metric measures the gap between the expenditure and production approaches to calculating GDP in Syria.
Q: Why is this trend relevant for users or analysts?
A: The size of the statistical discrepancy provides insight into the reliability and accuracy of Syria's national accounts data, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on official national statistics from Syria.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this indicator to assess the quality and trustworthiness of Syria's economic data, which is relevant for market and policy decisions.
Q: Are there update delays or limitations?
A: This indicator may have significant delays or gaps due to the challenging data environment in Syria.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Syrian Arab Republic (CSHRCPSYA156NRUG), retrieved from FRED.