Expenditure-side Real GDP at Chained Purchasing Power Parities for Mauritania
RGDPESMRA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,384.74
Year-over-Year Change
56.83%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Mauritania from the expenditure side, adjusted for purchasing power parity. It provides insight into the overall size and growth of Mauritania'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
The expenditure-side real GDP at chained purchasing power parities (PPPs) for Mauritania is a comprehensive measure of the country's economic activity. It captures total final expenditures, including consumption, investment, government spending, and net exports, adjusted for price differences across countries.
Methodology
The data is collected and calculated by the World Bank using a chained Fisher index formula and nationally representative price surveys.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to assess Mauritania's economic performance and living standards relative to other countries.
Key Facts
- Mauritania's expenditure-side real GDP was $6.4 billion in 2020.
- The metric uses chained PPPs to adjust for price level differences across countries.
- Real GDP growth in Mauritania averaged 3.7% per year from 2010 to 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Mauritania from the expenditure side, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall size and growth of Mauritania's economy, enabling cross-country comparisons and assessments of living standards.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a chained Fisher index formula and nationally representative price surveys.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and international organizations use this metric to evaluate Mauritania's economic performance and living standards relative to other countries.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions as more information becomes available.
Related Trends
Population for Senegal
POPTTLSNA148NRUG
Average Annual Hours Worked by Persons Engaged for Singapore
AVHWPESGA065NRUG
Number of Persons Engaged for Gambia
EMPENGGMA148NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Belize
RGDPESBZA666NRUG
Output-side Real GDP at chained Purchasing Power Parities for Paraguay
RGDPOSPYA666NRUG
Output-side Real GDP at chained Purchasing Power Parities for Azerbaijan
RGDPOSAZA666NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Mauritania (RGDPESMRA666NRUG), retrieved from FRED.