Gross National Income for French Polynesia
MKTGNIPFA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,029,233,218.86
Year-over-Year Change
2.14%
Date Range
1/1/1960 - 1/1/2023
Summary
The Gross National Income (GNI) for French Polynesia measures the total income earned by a country's residents and businesses, both within and outside its borders. It's a key economic indicator used to assess a country's economic performance and standard of living.
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
GNI represents the value of all goods and services produced by a country's residents and businesses, regardless of their location. It's a broader measure than Gross Domestic Product (GDP), which only includes production within the country's borders. GNI is used by economists and policymakers to evaluate a country's economic development and living standards.
Methodology
The data for French Polynesia's GNI is collected and calculated by the World Bank using national accounts information.
Historical Context
GNI is an important metric for policymakers and international organizations to gauge a country's economic health and make comparisons across nations.
Key Facts
- French Polynesia's GNI per capita was $18,660 in 2020.
- GNI measures a country's total income, including from sources outside its borders.
- GNI is used to track economic progress and living standards over time.
FAQs
Q: What does this economic trend measure?
A: The Gross National Income (GNI) for French Polynesia measures the total income earned by the country's residents and businesses, both within and outside its borders.
Q: Why is this trend relevant for users or analysts?
A: GNI is an important economic indicator used by policymakers and analysts to evaluate a country's economic performance, development, and living standards.
Q: How is this data collected or calculated?
A: The data for French Polynesia's GNI is collected and calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: GNI is used by policymakers and international organizations to gauge a country's economic health and make comparisons across nations for policy decisions.
Q: Are there update delays or limitations?
A: There may be update delays or data limitations depending on the availability of national accounts information from French Polynesia.
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Citation
U.S. Federal Reserve, Gross National Income for French Polynesia (MKTGNIPFA646NWDB), retrieved from FRED.