Total Factor Productivity Level at Current Purchasing Power Parities for Tunisia
CTFPPPTNA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.79
Year-over-Year Change
10.38%
Date Range
1/1/1964 - 1/1/2019
Summary
The Total Factor Productivity Level at Current Purchasing Power Parities for Tunisia measures the overall efficiency of the Tunisian economy. It is a key indicator used by economists and policymakers to analyze productivity and growth trends.
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 indicator represents the level of total factor productivity in Tunisia, adjusting for differences in purchasing power across countries. It provides insight into the underlying drivers of economic growth beyond capital and labor inputs.
Methodology
The data is calculated by the Conference Board based on national accounts and labor force statistics.
Historical Context
Policymakers and analysts use this metric to assess Tunisia's economic competitiveness and potential for future development.
Key Facts
- Tunisia's total factor productivity level was 0.78 in 2021.
- Productivity growth is a key driver of long-term economic expansion.
- The data is adjusted for differences in purchasing power across countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the overall efficiency and productivity of the Tunisian economy, taking into account capital, labor, and other inputs.
Q: Why is this trend relevant for users or analysts?
A: Total factor productivity is a crucial metric for understanding the drivers of economic growth and competitiveness. It provides insights beyond just capital and labor inputs.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board based on national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Tunisia's economic competitiveness and potential for future development.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the metric relies on national accounts and labor force statistics.
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Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Tunisia (CTFPPPTNA669NRUG), retrieved from FRED.