Expenditure-side Real GDP at Chained Purchasing Power Parities for Germany
RGDPESDEA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,308,861.50
Year-over-Year Change
25.39%
Date Range
1/1/1950 - 1/1/2019
Summary
This measure tracks the inflation-adjusted real GDP of Germany from the expenditure side, using purchasing power parities to enable cross-country comparisons. It is a key indicator of Germany's economic performance and growth.
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 Germany represents the total inflation-adjusted value of goods and services purchased in the German economy. This metric allows for more accurate comparisons of economic output between countries by adjusting for differences in price levels.
Methodology
The data is calculated by the OECD using expenditure-based national accounts and purchasing power parity exchange rates.
Historical Context
Policymakers and analysts use this trend to assess Germany's macroeconomic conditions and competitiveness within the global economy.
Key Facts
- Germany is the largest economy in the Eurozone.
- Real GDP growth is a key indicator of economic health.
- Purchasing power parity adjusts for cost-of-living differences.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total real (inflation-adjusted) value of goods and services purchased in the German economy, using purchasing power parities to enable cross-country comparisons.
Q: Why is this trend relevant for users or analysts?
A: This expenditure-side real GDP measure is a key indicator of Germany's macroeconomic performance and international competitiveness, providing insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The OECD calculates this metric using expenditure-based national accounts data and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this real GDP indicator to assess the overall health of the German economy and its position within the global marketplace.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the purchasing power parity adjustments can be subject to methodological limitations.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Germany (RGDPESDEA666NRUG), retrieved from FRED.