Price Level of GDP, average of GEKS-CPDW for Mauritius
PL2GDPMUA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.06
Year-over-Year Change
25.11%
Date Range
1/1/1950 - 1/1/2010
Summary
The Price Level of GDP, average of GEKS-CPDW for Mauritius measures the domestic price level of GDP in Mauritius. This metric is useful for economists and policymakers in assessing the country's economic development and competitiveness.
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 trend represents the overall price level of GDP in Mauritius, calculated using the GEKS-CPDW method. It provides insights into the country's purchasing power and cost of living, which are important factors for economic analysis and policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve using the GEKS-CPDW (Geary-Khamis-Elteto-Koves-Szulc with a Centralized Purchasing Power Dispersion Weighted) method.
Historical Context
This metric is used by economists, analysts, and policymakers to evaluate Mauritius' economic performance and competitiveness relative to other countries.
Key Facts
- Mauritius is an upper-middle-income country in Africa.
- The Price Level of GDP metric was introduced in 2022.
- Mauritius' GDP price level is higher than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall price level of GDP in Mauritius, providing insights into the country's purchasing power and cost of living.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for economists and policymakers in assessing Mauritius' economic development and competitiveness relative to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using the GEKS-CPDW method.
Q: How is this trend used in economic policy?
A: This metric is used by economists, analysts, and policymakers to evaluate Mauritius' economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Price Level of GDP, average of GEKS-CPDW for Mauritius (PL2GDPMUA621NUPN), retrieved from FRED.