Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Malta
PLGDPOMTA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.86
Year-over-Year Change
13.11%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic indicator measures the relative price level of Malta's real GDP based on current purchasing power parity and exchange rates. It provides insights into the country's competitiveness and living standards compared to other economies.
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 price level of Output-side Real GDP at Current Purchasing Power Parities tracks the ratio of Malta's GDP at purchasing power parity to its GDP at market exchange rates. This metric is useful for analyzing economic performance and assessing the affordability of Maltese goods and services relative to international benchmarks.
Methodology
The data is calculated by the World Bank using national accounts and exchange rate data.
Historical Context
Policymakers and analysts use this indicator to evaluate Malta's economic position and competitiveness within the global marketplace.
Key Facts
- Malta's price level was 79.4% of the U.S. level in 2021.
- The price level has increased by 13.3% since 2010.
- Malta ranks 31st globally in terms of price level of real GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the relative price level of Malta's real GDP based on current purchasing power parity and exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Malta's economic competitiveness and the affordability of its goods and services compared to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and exchange rate data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate Malta's economic position and competitiveness within the global marketplace.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture short-term fluctuations in Malta's price level.
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Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Malta (PLGDPOMTA670NRUG), retrieved from FRED.