Real GDP at Constant National Prices for Kyrgyzstan
RGDPNAKGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,511.77
Year-over-Year Change
66.89%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Kyrgyzstan' series measures the inflation-adjusted gross domestic product of Kyrgyzstan. It is a key indicator of the country's overall economic activity and growth.
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 total value of all goods and services produced within Kyrgyzstan, adjusted for changes in domestic price levels. It is a widely used metric for evaluating the health and trajectory of the Kyrgyz economy by policymakers, analysts, and investors.
Methodology
The data is calculated by the World Bank using national accounts statistics and price indices.
Historical Context
Real GDP is a critical input for economic policy decisions and is closely monitored by institutions such as the International Monetary Fund.
Key Facts
- Kyrgyzstan's real GDP was $8.5 billion in 2021.
- Real GDP growth in Kyrgyzstan averaged 4.4% per year from 2010-2020.
- The service sector accounts for over 50% of Kyrgyzstan's real GDP.
FAQs
Q: What does this economic trend measure?
A: This series measures the total output of goods and services produced within Kyrgyzstan, adjusted for inflation. It is a key indicator of the country's overall 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 health and trajectory of the Kyrgyz economy. It is closely monitored by policymakers, analysts, and investors to assess economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics and price indices.
Q: How is this trend used in economic policy?
A: Real GDP is a critical input for economic policy decisions and is closely monitored by institutions such as the International Monetary Fund to assess the overall health of the Kyrgyz economy.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of the latest real GDP data for Kyrgyzstan due to the time required for data collection and processing by the World Bank.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Kyrgyzstan (RGDPNAKGA666NRUG), retrieved from FRED.