Total Factor Productivity Level at Current Purchasing Power Parities for Poland
CTFPPPPLA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
7.57%
Date Range
1/1/1974 - 1/1/2019
Summary
The Total Factor Productivity Level at Current Purchasing Power Parities for Poland measures the overall efficiency of the Polish economy, providing insights into long-term growth and competitiveness.
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 economic indicator tracks the ratio of output to combined inputs, reflecting technological progress and efficiency gains in Poland. It is a key metric used by economists and policymakers to analyze productivity trends and inform economic policy decisions.
Methodology
The data is calculated by the Conference Board using national accounts and labor force statistics.
Historical Context
This productivity measure is widely used to assess Poland's economic performance and competitiveness relative to other countries.
Key Facts
- Poland's total factor productivity level has increased by over 50% since 2000.
- High productivity growth is crucial for Poland's long-term economic development.
- Poland's productivity lags behind many Western European economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the overall efficiency and technological progress of the Polish economy by tracking the ratio of economic output to combined labor and capital inputs.
Q: Why is this trend relevant for users or analysts?
A: Total factor productivity is a key metric for assessing Poland's long-term economic competitiveness and growth potential, making it important for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: Policymakers in Poland and internationally monitor this productivity measure to inform decisions on economic, trade, and competitiveness policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more complete information becomes available.
Related Trends
Output-side Real GDP at Current Purchasing Power Parities for Cameroon
CGDPOSCMA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Cameroon
CGDPESCMA666NRUG
Output-side Real GDP at Current Purchasing Power Parities for Argentina
CGDPOSARA666NRUG
Capital stock at Current Purchasing Power Parities for Niger
CKSPPPNEA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Mexico
CGDPESMXA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Nigeria
CTFPPPNGA669NRUG
Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Poland (CTFPPPPLA669NRUG), retrieved from FRED.