Ratio of GNP to GDP for Angola
GNPGDPAOA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.09
Year-over-Year Change
11.02%
Date Range
1/1/1970 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Angola measures the relationship between the total economic output produced by Angolan nationals at home and abroad versus within Angola's borders.
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 ratio provides insight into the international economic activity and earnings of Angolan citizens, which is relevant for understanding the country's economic development and integration with the global economy.
Methodology
The data is calculated by the U.S. Federal Reserve using official national accounts data.
Historical Context
Policymakers and analysts use this ratio to assess Angola's economic performance and competitiveness.
Key Facts
- The ratio ranged from 0.97 to 1.04 between 2010-2020.
- Angola's GNP has exceeded its GDP in some years, indicating strong earnings from Angolan citizens abroad.
- This ratio is an important metric for understanding Angola's economic structure and global integration.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Angola measures the relationship between the total economic output produced by Angolan nationals at home and abroad versus within Angola's borders.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Angola's international economic activity and earnings of its citizens, which is relevant for understanding the country's economic development and global integration.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess Angola's economic performance and competitiveness within the global economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve with minimal delays, providing timely insights into Angola's economic trends.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Angola (GNPGDPAOA156NUPN), retrieved from FRED.