Expenditure-side Real GDP at Chained Purchasing Power Parities for Bangladesh
RGDPESBDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
756,355.56
Year-over-Year Change
174.50%
Date Range
1/1/1959 - 1/1/2019
Summary
This metric measures the real gross domestic product (GDP) of Bangladesh from the expenditure side, adjusted for purchasing power parity (PPP). It provides a standardized measure of Bangladesh's economic output and living standards compared to other countries.
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 expenditure-side real GDP at chained PPPs for Bangladesh is a key indicator of the country's economic performance and development. It accounts for differences in price levels across countries to enable cross-country comparisons of GDP and living standards.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This metric is widely used by economists, policymakers, and investors to analyze Bangladesh's economic growth and competitiveness.
Key Facts
- Bangladesh's 2021 expenditure-side real GDP at chained PPPs was $881 billion.
- This metric has grown at an average annual rate of 5.8% over the past decade.
- Bangladesh ranks 31st globally by this measure of economic output.
FAQs
Q: What does this economic trend measure?
A: This metric measures the real gross domestic product (GDP) of Bangladesh from the expenditure side, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: It provides a standardized measure of Bangladesh's economic output and living standards compared to other countries, enabling cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and investors to analyze Bangladesh's economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Bangladesh (RGDPESBDA666NRUG), retrieved from FRED.