Gross Domestic Product for Mauritania
MKTGDPMRA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,766,731,873.54
Year-over-Year Change
60.02%
Date Range
1/1/1961 - 1/1/2024
Summary
Gross Domestic Product (GDP) for Mauritania is a key measure of the country's overall economic activity and productivity. It is a widely used indicator for monitoring and analyzing Mauritania's economic performance.
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
GDP for Mauritania represents the total market value of all final goods and services produced within the country's borders over a specific time period. It is a comprehensive metric that reflects the size and growth of Mauritania's economy, and is closely watched by economists, policymakers, and investors.
Methodology
GDP for Mauritania is calculated by the World Bank using data reported by the Mauritanian government and other statistical agencies.
Historical Context
Mauritania's GDP trend is relevant for assessing the country's macroeconomic health, informing economic policy decisions, and evaluating investment opportunities.
Key Facts
- Mauritania's GDP was $7.3 billion in 2021.
- GDP per capita in Mauritania was $1,672 in 2021.
- Mauritania's economy is heavily dependent on extractive industries and agriculture.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product (GDP) for Mauritania measures the total value of all goods and services produced within the country's borders over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Mauritania's GDP is a crucial indicator of the country's overall economic performance and is closely monitored by policymakers, investors, and analysts to assess the health and growth of the Mauritanian economy.
Q: How is this data collected or calculated?
A: The GDP data for Mauritania is calculated by the World Bank using information reported by the Mauritanian government and other statistical agencies.
Q: How is this trend used in economic policy?
A: Mauritania's GDP trend is used by policymakers and economists to inform macroeconomic and fiscal policy decisions, as well as to evaluate the country's economic development and investment opportunities.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the most recent GDP data for Mauritania, as the information is compiled and reported by government statistical agencies.
Related Trends
Liquid Liabilities to GDP for Mauritania
DDDI05MRA156NWDB
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Mauritania
MRTFCLODUGGDPPT
Number of Identified Exporters to Mauritania from Wisconsin
WIMRTA475SCEN
Number of Identified Exporters to Mauritania from Iowa
IAMRTA475SCEN
Constant GDP per capita for Mauritania
NYGDPPCAPKDMRT
Life Insurance Premium Volume to GDP for Mauritania
DDDI09MRA156NWDB
Citation
U.S. Federal Reserve, Gross Domestic Product for Mauritania (MKTGDPMRA646NWDB), retrieved from FRED.