Constant GDP per capita for Mauritania
NYGDPPCAPKDMRT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,666.29
Year-over-Year Change
11.91%
Date Range
1/1/1961 - 1/1/2024
Summary
The 'Constant GDP per capita for Mauritania' metric measures the total economic output of Mauritania divided by its population, adjusted for inflation. This provides a key indicator of the country's standard of living and economic progress over time.
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 per capita is a widely used statistic that allows economists and policymakers to analyze a country's economic development and compare living standards across nations. The 'constant' adjustment removes the effects of inflation, providing a more accurate picture of real economic growth.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
This metric informs decision-making around economic and social policies in Mauritania.
Key Facts
- GDP per capita in Mauritania was $1,337 in 2021.
- Mauritania's GDP per capita has grown by 23% over the past decade.
- Mauritania is classified as a lower-middle income country by the World Bank.
FAQs
Q: What does this economic trend measure?
A: The 'Constant GDP per capita for Mauritania' metric measures the total economic output of Mauritania divided by its population, with the effects of inflation removed.
Q: Why is this trend relevant for users or analysts?
A: GDP per capita is a key indicator of a country's standard of living and economic progress. The constant adjustment provides a more accurate picture of real growth over time, informing economic and social policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: This metric informs decision-making around economic and social policies in Mauritania, as it provides insights into the country's level of development and progress.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the World Bank's national accounts.
Related Trends
Bank's Return on Assets for Mauritania
DDEI05MRA156NWDB
Number of Identified Exporters to Mauritania from Ohio
OHMRTA475SCEN
Value of Exports to Mauritania from Washington
WAMRTA052SCEN
Credit to Government and State-Owned Enterprises to GDP for Mauritania
DDEI08MRA156NWDB
Liquid Liabilities to GDP for Mauritania
DDDI05MRA156NWDB
U.S. Exports of Goods by F.A.S. Basis to Mauritania
EXP7410
Citation
U.S. Federal Reserve, Constant GDP per capita for Mauritania (NYGDPPCAPKDMRT), retrieved from FRED.