Expenditure-side Real GDP at Chained Purchasing Power Parities for Bhutan
RGDPESBTA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,528.71
Year-over-Year Change
77.87%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Bhutan from the expenditure side, adjusted for purchasing power parity (PPP). It provides insights into the overall economic performance and living standards in Bhutan.
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 Purchasing Power Parities for Bhutan is a key metric used by economists and policymakers to evaluate the size and growth of Bhutan's economy. It accounts for differences in price levels between countries to enable cross-country comparisons.
Methodology
The data is collected and calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is widely used to analyze Bhutan's economic development and living standards relative to other countries.
Key Facts
- Bhutan's 2021 expenditure-side real GDP was $8.1 billion.
- Bhutan's real GDP per capita in 2021 was $10,501.
- Bhutan's economy grew by 3.7% in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Bhutan from the expenditure side, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the overall economic performance and living standards in Bhutan, enabling cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely used to analyze Bhutan's economic development and living standards relative to other countries.
Q: Are there update delays or limitations?
A: The data is typically updated annually with a short delay.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Bhutan (RGDPESBTA666NRUG), retrieved from FRED.