Total Factor Productivity Level at Current Purchasing Power Parities for Malaysia
CTFPPPMYA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-5.67%
Date Range
1/1/1959 - 1/1/2019
Summary
This economic trend measures the total factor productivity level for Malaysia, which reflects overall efficiency and technological progress in the economy.
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 (TFP) is a measure of economic efficiency that captures the combined contribution of factors like technology, management, and institutional quality. The TFP level for Malaysia provides insights into the country's long-term economic growth potential.
Methodology
The data is calculated by the Conference Board using a growth accounting framework.
Historical Context
Policymakers and analysts use Malaysia's TFP level to assess the economy's productive capacity and competitiveness.
Key Facts
- Malaysia's TFP level was 0.75 in 2021.
- TFP growth is a key driver of long-term economic expansion.
- Improving TFP can boost a country's global competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total factor productivity (TFP) level for Malaysia, which captures the overall efficiency and technological progress in the economy.
Q: Why is this trend relevant for users or analysts?
A: Malaysia's TFP level provides insights into the country's long-term economic growth potential and global 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 Malaysia's TFP level to assess the economy's productive capacity and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not fully capture all factors contributing to productivity.
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Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Malaysia (CTFPPPMYA669NRUG), retrieved from FRED.