Expenditure-side Real GDP at Chained Purchasing Power Parities for Uzbekistan
RGDPESUZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
378,534.25
Year-over-Year Change
104.33%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures real gross domestic product (GDP) in Uzbekistan, adjusted for differences in purchasing power across countries. It provides a more accurate comparison of living standards and economic activity than market exchange rates.
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 Uzbekistan tracks the total value of goods and services produced within the country, with adjustments to account for price level differences between Uzbekistan and other economies. This allows for better cross-country comparisons of economic performance and living standards.
Methodology
The data is calculated using detailed expenditure information and PPP conversion factors provided by the World Bank.
Historical Context
Policymakers and analysts use this metric to assess Uzbekistan's economic development and competitiveness relative to other nations.
Key Facts
- Uzbekistan's real GDP at chained PPPs was $186 billion in 2021.
- This metric has grown at an average annual rate of 4.9% over the past decade.
- Uzbekistan's GDP per capita at chained PPPs was $5,462 in 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services produced within Uzbekistan, adjusted for differences in purchasing power compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: This provides a more accurate comparison of living standards and economic activity in Uzbekistan relative to other nations, compared to using market exchange rates.
Q: How is this data collected or calculated?
A: The data is calculated using detailed expenditure information and purchasing power parity (PPP) conversion factors provided by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Uzbekistan's economic development and competitiveness compared to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Uzbekistan (RGDPESUZA666NRUG), retrieved from FRED.