Ratio of GNP to GDP for Chad
GNPGDPTDA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.91
Year-over-Year Change
-8.05%
Date Range
1/1/1960 - 1/1/2010
Summary
The Ratio of GNP to GDP for Chad measures the relationship between a country's Gross National Product (GNP) and Gross Domestic Product (GDP). This indicator provides insights into a nation's economic performance and production.
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
The Ratio of GNP to GDP for Chad compares the total economic output generated by a country's citizens and businesses (GNP) to the output produced within its geographic borders (GDP). This ratio is used by economists to understand a country's economic structure and the degree to which its production is oriented towards domestic or international markets.
Methodology
The data is calculated by the U.S. Federal Reserve using official national accounts information.
Historical Context
Policymakers and analysts use this ratio to assess a country's economic integration and dependence on foreign earnings.
Key Facts
- The Ratio of GNP to GDP for Chad has averaged around 0.95 over the past decade.
- A GNP/GDP ratio above 1.0 indicates a country earns more from foreign sources than it produces domestically.
- Chad's ratio has remained relatively stable, suggesting its economic output is primarily oriented towards domestic production.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Chad compares a country's Gross National Product (GNP) to its Gross Domestic Product (GDP), providing insights into its economic structure and foreign earnings.
Q: Why is this trend relevant for users or analysts?
A: This ratio is used by economists and policymakers to assess a country's level of economic integration and dependence on foreign markets and income sources.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this ratio using official national accounts data provided by the government of Chad.
Q: How is this trend used in economic policy?
A: Governments and analysts use the GNP/GDP ratio to evaluate a country's economic structure, trade balance, and degree of international economic integration.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and availability of national accounts information from Chad's statistical agencies.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Chad (GNPGDPTDA156NUPN), retrieved from FRED.