Gross Domestic Product in Constant Prices for Mauritania
MRTNGDPRPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
2.08%
Date Range
1/1/2000 - 1/1/2025
Summary
The Gross Domestic Product in Constant Prices for Mauritania measures the total value of goods and services produced in the country, adjusted for inflation. This metric is crucial for assessing the overall health and growth of Mauritania's 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
This economic indicator represents the real, inflation-adjusted GDP of Mauritania, allowing for more accurate comparisons over time and analysis of economic performance. It is a key statistic used by policymakers, analysts, and investors to evaluate the country's macroeconomic conditions.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
GDP in constant prices is widely used to inform fiscal and monetary policy decisions in Mauritania.
Key Facts
- Mauritania's GDP in constant prices was $6.15 billion in 2021.
- The GDP growth rate in constant prices was 1.9% in 2021.
- Agriculture accounts for about 20% of Mauritania's GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product in Constant Prices for Mauritania measures the total value of goods and services produced in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the overall health and growth of Mauritania's economy, allowing for more accurate comparisons over time and analysis of economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: GDP in constant prices is widely used to inform fiscal and monetary policy decisions in Mauritania.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the World Bank's national accounts information.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Constant Prices for Mauritania (MRTNGDPRPCHPT), retrieved from FRED.