Total Factor Productivity Level at Current Purchasing Power Parities for Egypt
CTFPPPEGA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.23
Year-over-Year Change
17.99%
Date Range
1/1/1954 - 1/1/2019
Summary
This trend measures the total factor productivity level of Egypt's economy adjusted for purchasing power parity. It provides insight into the overall efficiency and productivity of Egypt's production processes.
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
Total factor productivity level is an important economic indicator that captures the combined efficiency of labor and capital in producing economic output. Analyzing this metric helps economists and policymakers assess the underlying drivers of Egypt's economic growth.
Methodology
The data is calculated by the Federal Reserve based on international economic data sources.
Historical Context
Policymakers and analysts use this metric to evaluate Egypt's economic competitiveness and development trajectory.
Key Facts
- Egypt's total factor productivity level was 0.522 in 2020.
- Productivity growth is a key driver of long-term economic development.
- International comparisons of productivity help assess a country's competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total factor productivity level of Egypt's economy, which captures the combined efficiency of labor and capital in producing economic output.
Q: Why is this trend relevant for users or analysts?
A: Analyzing total factor productivity is crucial for understanding the underlying drivers of a country's economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on international economic data sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Egypt's economic development and competitiveness, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of underlying international economic statistics.
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Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Egypt (CTFPPPEGA669NRUG), retrieved from FRED.