Real GDP at Constant National Prices for Tunisia
RGDPNATNA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,398.25
Year-over-Year Change
30.02%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Tunisia' series measures the inflation-adjusted gross domestic product of Tunisia. It is a key indicator of the overall health and growth of the Tunisian 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 metric tracks the total value of all goods and services produced within Tunisia, adjusted for changes in prices over time. It provides a comprehensive picture of the nation's economic performance and is widely used by economists, policymakers, and market analysts to assess Tunisia's economic conditions.
Methodology
The data is calculated by the World Bank based on national accounts statistics.
Historical Context
Real GDP growth is a closely watched indicator for evaluating Tunisia's economic policies and market conditions.
Key Facts
- Tunisia's real GDP grew by 3.1% in 2021.
- The service sector accounts for over 60% of Tunisia's GDP.
- Agriculture makes up around 10% of Tunisia's economic output.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP at Constant National Prices for Tunisia' series measures the total value of all goods and services produced within Tunisia, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP growth is a key indicator of the overall health and performance of the Tunisian economy, and is widely used by economists, policymakers, and market analysts to assess the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts statistics.
Q: How is this trend used in economic policy?
A: Real GDP growth is closely monitored by policymakers in Tunisia and globally as an important metric for evaluating the country's economic policies and market conditions.
Q: Are there update delays or limitations?
A: The data is published with a lag, 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 Tunisia (RGDPNATNA666NRUG), retrieved from FRED.