Total Factor Productivity Level at Current Purchasing Power Parities for Malta
CTFPPPMTA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.83
Year-over-Year Change
-5.68%
Date Range
1/1/1958 - 1/1/2019
Summary
This economic trend measures the total factor productivity level for Malta, which is a key indicator of a country's long-term economic growth potential.
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 captures the overall efficiency of an economy, reflecting both technological progress and improvements in labor and capital utilization. It is a widely used metric in macroeconomic analysis and policymaking.
Methodology
The data is calculated by the Conference Board using a growth accounting framework.
Historical Context
Total factor productivity is a critical input for assessing a country's economic competitiveness and prospects.
Key Facts
- Malta's total factor productivity level was 92.58 in 2021.
- Productivity growth is a key driver of long-term economic expansion.
- Total factor productivity accounts for both labor and capital inputs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total factor productivity level for Malta, which captures the overall efficiency and productive capacity of the Maltese economy.
Q: Why is this trend relevant for users or analysts?
A: Total factor productivity is a critical metric for assessing a country's long-term economic growth potential and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using a growth accounting framework.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use total factor productivity to evaluate a country's economic performance and inform decisions on policies to boost productivity and growth.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates from the source and may have a lag in availability.
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Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Malta (CTFPPPMTA669NRUG), retrieved from FRED.