Expenditure-side Real GDP at Chained Purchasing Power Parities for Sao Tome and Principe
RGDPESSTA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
784.53
Year-over-Year Change
96.87%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Sao Tome and Principe from the expenditure side, adjusted for purchasing power parity (PPP). It provides insights into the overall economic activity and living standards in the country.
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 PPPs for Sao Tome and Principe represents the total final expenditures on goods and services produced within the country, adjusted for price differences across economies. This metric is useful for international comparisons of economic output and living standards.
Methodology
The data is collected and calculated by the World Bank using national accounts and price data.
Historical Context
Policymakers and analysts use this indicator to evaluate Sao Tome and Principe's economic performance and living standards relative to other countries.
Key Facts
- Sao Tome and Principe is a small island country in Central Africa.
- The expenditure-side real GDP accounts for household consumption, government spending, investment, and net exports.
- Purchasing power parity (PPP) adjusts for differences in the cost of living across countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total final expenditures on goods and services produced within Sao Tome and Principe, adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for comparing the economic output and living standards of Sao Tome and Principe to other countries, as the PPP adjustment accounts for differences in the cost of living.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate Sao Tome and Principe's economic performance and living standards relative to other countries.
Q: Are there update delays or limitations?
A: The data may have update delays and limitations inherent to international economic statistics compilation.
Related Trends
Number of Persons Engaged for Malawi
EMPENGMWA148NRUG
Population for Hong Kong
POPTTLHKA148NRUG
Average Annual Hours Worked by Persons Engaged for Estonia
AVHWPEEEA065NRUG
Number of Persons Engaged for Republic of Korea
EMPENGKRA148NRUG
Index of Human Capital per Person for Bulgaria
HCIYISBGA066NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Qatar
RGDPESQAA666NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Sao Tome and Principe (RGDPESSTA666NRUG), retrieved from FRED.