Expenditure-side Real GDP at Chained Purchasing Power Parities for Kyrgyzstan
RGDPESKGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,178.35
Year-over-Year Change
130.16%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Kyrgyzstan from the expenditure side, adjusted for purchasing power parity. It provides insight into the overall size and growth of Kyrgyzstan's economy.
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 is a key indicator used to assess the economic performance of Kyrgyzstan. It accounts for differences in the cost of living between countries to enable cross-country comparisons of GDP.
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 international organizations to evaluate Kyrgyzstan's economic development and competitiveness.
Key Facts
- Kyrgyzstan's real GDP at PPP was $25.7 billion in 2021.
- GDP per capita at PPP was $3,835 in 2021.
- The economy grew by 3.6% in 2021 after contracting in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Kyrgyzstan from the expenditure side, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate comparison of Kyrgyzstan's economic size and growth compared to other countries, enabling better analysis of its economic performance and competitiveness.
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: Economists, policymakers, and international organizations use this metric to evaluate Kyrgyzstan's economic development, identify growth opportunities, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture the impact of recent economic events in Kyrgyzstan.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Kyrgyzstan (RGDPESKGA666NRUG), retrieved from FRED.