Expenditure-side Real GDP at Chained Purchasing Power Parities for France
RGDPESFRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,018,884.75
Year-over-Year Change
18.98%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of France adjusted for purchasing power parity (PPP), providing a more accurate comparison of living standards across 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
Expenditure-side real GDP at chained PPPs is a key metric used by economists and policymakers to evaluate the size and growth of a national economy, while accounting for price level differences between countries.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using exchange rates and price indexes.
Historical Context
This trend is widely referenced in international economic analysis and policy discussions.
Key Facts
- France's 2021 GDP at PPP was $3.2 trillion.
- GDP per capita at PPP was $48,000 in 2021.
- France is the world's 7th largest economy by GDP at PPP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of France, adjusted for purchasing power parity (PPP) to enable cross-country comparisons of living standards and economic output.
Q: Why is this trend relevant for users or analysts?
A: Expenditure-side real GDP at PPP is a key metric used by economists, policymakers, and international organizations to evaluate the size, growth, and living standards of national economies in a globally comparable way.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using exchange rates and price indexes to adjust France's GDP for differences in purchasing power between countries.
Q: How is this trend used in economic policy?
A: This metric is widely referenced in international economic analysis, trade policy discussions, and assessments of global competitiveness and living standards.
Q: Are there update delays or limitations?
A: There may be lags of several months in data availability, and the methodology relies on certain assumptions and statistical techniques.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for France (RGDPESFRA666NRUG), retrieved from FRED.