Real GDP at Constant National Prices for Germany
RGDPNADEA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,314,067.50
Year-over-Year Change
15.20%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Germany' series measures the total output of goods and services produced within Germany, adjusted for inflation. This key economic indicator provides insight into the overall health and growth of the German 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
This series represents the real gross domestic product (GDP) of Germany, which is a comprehensive measure of the value of all final goods and services produced within the country. It is a widely used metric for evaluating economic performance and guiding policy decisions.
Methodology
The data is collected and calculated by the Bundesbank, Germany's central bank, based on surveys and economic records.
Historical Context
Policymakers and analysts closely monitor this trend to assess the strength of the German economy and its position within the broader European and global markets.
Key Facts
- Germany is the largest economy in the Eurozone.
- Real GDP growth is a key indicator of economic health.
- Quarterly GDP data is closely watched by policymakers.
FAQs
Q: What does this economic trend measure?
A: This series measures the total output of goods and services produced within Germany, adjusted for inflation. It provides a comprehensive view of the country's economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a widely used metric for evaluating the overall health and performance of the German economy. It is a key indicator that informs policy decisions and provides insight into Germany's position within the broader European and global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bundesbank, Germany's central bank, based on surveys and economic records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the strength of the German economy and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical delay of several weeks. There may be revisions to the historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Germany (RGDPNADEA666NRUG), retrieved from FRED.