Real GDP at Constant National Prices for Cambodia
RGDPNAKHA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,751.44
Year-over-Year Change
110.57%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Cambodia' trend measures the inflation-adjusted gross domestic product of Cambodia, providing insight into the overall health and growth of the Cambodian 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 tracks the total value of all goods and services produced within Cambodia, adjusted for changes in domestic prices. It is a key indicator used by economists and policymakers to analyze Cambodia's economic performance and development.
Methodology
The data is calculated by the World Bank using national accounts data and price indices.
Historical Context
Trends in real GDP are closely monitored by international institutions, governments, and investors to inform economic policy, investment decisions, and growth projections.
Key Facts
- Cambodia's real GDP grew by 7.1% in 2019.
- The service sector accounts for nearly 40% of Cambodia's GDP.
- Agriculture remains an important part of the Cambodian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total inflation-adjusted value of all goods and services produced within Cambodia, providing insight into the overall size and growth of the Cambodian economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in real GDP are a key indicator of a country's economic health and development, and are closely monitored by policymakers, investors, and international institutions to inform economic policy, investment decisions, and growth projections.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and price indices.
Q: How is this trend used in economic policy?
A: Trends in real GDP are used by governments, central banks, and international institutions to assess the overall performance of the Cambodian economy and inform policy decisions related to fiscal, monetary, and development strategies.
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.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Cambodia (RGDPNAKHA666NRUG), retrieved from FRED.