Expenditure-side Real GDP at Chained Purchasing Power Parities for Argentina
RGDPESARA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
991,646.31
Year-over-Year Change
47.74%
Date Range
1/1/1950 - 1/1/2019
Summary
This measure tracks the total inflation-adjusted output of goods and services in Argentina, providing insight into the country's economic performance and development.
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
Expenditure-side Real GDP at Chained Purchasing Power Parities (PPPs) is a comprehensive indicator of Argentina's economic activity. It reflects the total value of final goods and services produced, adjusted for price changes to enable cross-country comparisons.
Methodology
The data is calculated using expenditure-side national accounts and purchasing power parity exchange rates.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to analyze Argentina's economic growth and development.
Key Facts
- Argentina's Expenditure-side Real GDP was $637 billion in 2021.
- The metric has been tracked since 1950 by the Penn World Table.
- Real GDP growth in Argentina averaged 2.3% per year from 2010 to 2020.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of final goods and services produced in Argentina, adjusted for price changes to enable cross-country comparisons.
Q: Why is this trend relevant for users or analysts?
A: This comprehensive indicator of Argentina's economic activity provides important insights into the country's economic performance and development.
Q: How is this data collected or calculated?
A: The data is calculated using expenditure-side national accounts and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to analyze Argentina's economic growth and development.
Q: Are there update delays or limitations?
A: The data is updated annually by the Penn World Table, with a typical delay of 1-2 years.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Argentina (RGDPESARA666NRUG), retrieved from FRED.