Real GDP at Constant National Prices for Sao Tome and Principe
RGDPNASTA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
878.14
Year-over-Year Change
66.63%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Sao Tome and Principe' measures the total economic output of Sao Tome and Principe, adjusted for inflation, providing a key indicator of the country's economic health 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 tracks the real gross domestic product (GDP) of Sao Tome and Principe, which is a measure of the total value of all goods and services produced within the country. It is adjusted for changes in prices over time to show true economic growth, making it a crucial metric for economists and policymakers analyzing the nation's economic performance.
Methodology
The data is collected and calculated by the World Bank using national accounts information.
Historical Context
Economists and government officials use this real GDP trend to gauge the overall state of Sao Tome and Principe's economy and inform policy decisions.
Key Facts
- Sao Tome and Principe is a small island nation in the Gulf of Guinea.
- Its economy is heavily dependent on agriculture and tourism.
- Real GDP growth has been volatile in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total economic output of Sao Tome and Principe, adjusted for inflation, providing a key indicator of the country's economic growth and performance.
Q: Why is this trend relevant for users or analysts?
A: This real GDP trend is crucial for economists and policymakers to gauge the overall state of Sao Tome and Principe's economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Economists and government officials use this real GDP trend to analyze the performance of Sao Tome and Principe's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and revisions by the source.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Sao Tome and Principe (RGDPNASTA666NRUG), retrieved from FRED.