Ratio of GNP to GDP for Central African Republic
GNPGDPCFA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.83
Year-over-Year Change
1.65%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) measures the relative contributions of domestic and foreign production to a country's economic output.
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 trend provides insight into the openness and integration of a country's economy. It can indicate the degree to which a nation's economic activity is influenced by foreign production and income.
Methodology
The data is calculated by the World Bank using official national accounts statistics.
Historical Context
Policymakers and analysts use this metric to assess a country's economic structure and exposure to global markets.
Key Facts
- The GNP/GDP ratio for Central African Republic was 0.95 in 2020.
- A higher ratio indicates greater reliance on foreign production and income.
- The ratio has remained relatively stable in Central African Republic over the past decade.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) measures the relative contributions of domestic and foreign production to a country's economic output.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the openness and integration of a country's economy, indicating the degree to which its economic activity is influenced by foreign production and income.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's economic structure and exposure to global markets.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts statistics reported by the Central African Republic.
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Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Central African Republic (GNPGDPCFA156NUPN), retrieved from FRED.