National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Israel
Index 2015=100, Annual
NAEXKP01ILA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.05
Year-over-Year Change
62.31%
Date Range
1/1/1995 - 1/1/2022
Summary
The 'Index 2015=100, Annual' metric measures the annual index value of gross national expenditure per capita in India. This key economic indicator provides insights into the country's overall consumption and investment levels.
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 gross national expenditure per capita index tracks the total domestic and foreign final use of goods and services by India's residents, including consumption, investment, and government spending. This metric is widely used by economists and policymakers to assess the health and growth of the Indian economy.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
The 'Index 2015=100, Annual' is a crucial input for analyzing India's macroeconomic performance and informing economic policy decisions.
Key Facts
- The base year for the index is 2015.
- India's gross national expenditure per capita reached a high of 111.4 in 2018.
- The index reflects India's rapid economic expansion in recent decades.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' metric measures the annual index value of gross national expenditure per capita in India. It tracks the total domestic and foreign final use of goods and services by India's residents.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and growth of the Indian economy, serving as a crucial input for economic analysis and policy decisions.
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: The 'Index 2015=100, Annual' is used by economists and policymakers to assess India's macroeconomic performance and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01ILA661S), retrieved from FRED.