Expenditure-side Real GDP at Chained Purchasing Power Parities for Peru
RGDPESPEA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
403,546.34
Year-over-Year Change
66.47%
Date Range
1/1/1950 - 1/1/2019
Summary
This metric measures the total value of goods and services produced in Peru, adjusted for inflation and purchasing power differences. It provides a comprehensive view of the country's economic growth and productivity.
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 (PPPs) is a key indicator of a country's economic performance. It captures the total value of final consumption, investment, government spending, and net exports, while accounting for price level differences across countries.
Methodology
The data is calculated by the World Bank using national accounts information and PPP exchange rates.
Historical Context
This trend is widely used by economists, policymakers, and investors to assess Peru's economic health and competitiveness.
Key Facts
- Peru's real GDP grew by 3.9% in 2022.
- Peru is the fifth-largest economy in South America.
- Services account for over 60% of Peru's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services produced in Peru, adjusted for inflation and purchasing power differences.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a comprehensive view of Peru's economic growth and productivity, which is crucial for understanding the country's economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and purchasing power parity (PPP) exchange rates.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and investors to assess Peru's economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more information becomes available.
Related Trends
Index of Human Capital per Person for Denmark
HCIYISDKA066NRUG
Average Annual Hours Worked by Persons Engaged for Turkey
AVHWPETRA065NRUG
Number of Persons Engaged for Botswana
EMPENGBWA148NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Costa Rica
RGDPESCRA666NRUG
Number of Persons Engaged for Guinea-Bissau
EMPENGGWA148NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Mexico
RGDPESMXA666NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Peru (RGDPESPEA666NRUG), retrieved from FRED.