Ratio of GNP to GDP for Turkmenistan
GNPGDPTMA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.53
Year-over-Year Change
-10.59%
Date Range
1/1/1987 - 1/1/2010
Summary
The Ratio of GNP to GDP for Turkmenistan measures the relationship between a country's Gross National Product (GNP) and Gross Domestic Product (GDP), providing insights into its economic performance and integration with the global economy.
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 GNP to GDP ratio compares the total income earned by a country's citizens (GNP) to the total value of goods and services produced within its borders (GDP). This metric offers a more comprehensive view of a nation's economic activity and can reveal the extent of its global economic ties and flows of income.
Methodology
The data is calculated by the World Bank using official national accounts statistics.
Historical Context
Policymakers and analysts use this ratio to evaluate a country's economic openness, income flows, and reliance on external factors.
Key Facts
- Turkmenistan's GNP to GDP ratio was 0.90 in 2020.
- A higher ratio indicates a country is more globally integrated.
- The ratio can reveal dependence on foreign earnings or investments.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Turkmenistan measures the relationship between the country's Gross National Product (GNP) and Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This ratio offers insights into Turkmenistan's economic openness, income flows, and reliance on external factors, which are important for policymakers and economists to understand.
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 ratio to evaluate a country's economic openness, income flows, and reliance on external factors.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Turkmenistan (GNPGDPTMA156NUPN), retrieved from FRED.