Output-side Real GDP at chained Purchasing Power Parities for Comoros
RGDPOSKMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,730.40
Year-over-Year Change
68.41%
Date Range
1/1/1960 - 1/1/2019
Summary
This series measures the real gross domestic product (GDP) of Comoros, adjusted for purchasing power parity (PPP) and expressed in constant prices. It provides a comprehensive view of the overall economic output and growth of the country.
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
The Output-side Real GDP at chained Purchasing Power Parities for Comoros is an important economic indicator that allows for cross-country comparisons of economic activity and living standards. It accounts for differences in price levels between countries, providing a more accurate assessment of real income and production.
Methodology
The data is collected and calculated by the World Bank using the expenditure-based approach to national accounts.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to analyze the economic performance and development of Comoros.
Key Facts
- Comoros is a small island nation in the Indian Ocean.
- Real GDP growth in Comoros was 1.9% in 2021.
- Agriculture is a significant sector in the Comorian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Comoros, adjusted for purchasing power parity (PPP) and expressed in constant prices.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the overall economic performance and living standards in Comoros, as it provides a more accurate comparison of economic activity across countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the expenditure-based approach to national accounts.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to analyze the economic performance and development of Comoros.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank.
Related Trends
Number of Persons Engaged for Thailand
EMPENGTHA148NRUG
Number of Persons Engaged for Rwanda
EMPENGRWA148NRUG
Output-side Real GDP at chained Purchasing Power Parities for Lithuania
RGDPOSLTA666NRUG
Population for Central African Republic
POPTTLCFA148NRUG
Average Annual Hours Worked by Persons Engaged for Cyprus
AVHWPECYA065NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Thailand
RGDPESTHA666NRUG
Citation
U.S. Federal Reserve, Output-side Real GDP at chained Purchasing Power Parities for Comoros (RGDPOSKMA666NRUG), retrieved from FRED.