Real GDP at Constant National Prices for Kazakhstan

RGDPNAKZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

512,810.75

Year-over-Year Change

61.57%

Date Range

1/1/1990 - 1/1/2019

Summary

This trend measures the real gross domestic product (GDP) of Kazakhstan, adjusted for inflation to provide a more accurate picture of economic growth over time.

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

Real GDP at Constant National Prices for Kazakhstan is a key indicator of the overall health and performance of the Kazakhstani economy. It is used by policymakers, analysts, and international institutions to evaluate economic progress and inform policy decisions.

Methodology

The data is calculated by the Federal Reserve based on national accounts information provided by the Kazakhstani government.

Historical Context

Trends in real GDP are closely monitored for their implications on employment, inflation, and other macroeconomic factors.

Key Facts

  • Kazakhstan is a major economy in Central Asia.
  • Real GDP growth is a key indicator of economic performance.
  • This series is published quarterly by the U.S. Federal Reserve.

FAQs

Q: What does this economic trend measure?

A: This trend measures the real gross domestic product (GDP) of Kazakhstan, adjusted for inflation to provide a more accurate picture of economic growth over time.

Q: Why is this trend relevant for users or analysts?

A: Trends in real GDP are closely monitored by policymakers, analysts, and international institutions to evaluate the overall health and performance of the Kazakhstani economy.

Q: How is this data collected or calculated?

A: The data is calculated by the Federal Reserve based on national accounts information provided by the Kazakhstani government.

Q: How is this trend used in economic policy?

A: Real GDP growth is a key indicator used to inform policy decisions related to employment, inflation, and other macroeconomic factors in Kazakhstan.

Q: Are there update delays or limitations?

A: This series is published quarterly by the U.S. Federal Reserve, with potential delays in data availability depending on the timeliness of information provided by the Kazakhstani government.

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Citation

U.S. Federal Reserve, Real GDP at Constant National Prices for Kazakhstan (RGDPNAKZA666NRUG), retrieved from FRED.