Output-side Real GDP at chained Purchasing Power Parities for Mauritius
RGDPOSMUA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,758.16
Year-over-Year Change
39.42%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the real output-side gross domestic product (GDP) of Mauritius adjusted for purchasing power parity (PPP). It provides a standardized measure of economic activity and living standards across countries.
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 PPPs for Mauritius represents the total inflation-adjusted economic output of Mauritius's economy, converted to a common international currency using purchasing power parity exchange rates. This metric is widely used by economists and policymakers to analyze and compare economic performance between countries.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This trend informs analysis of Mauritius's economic growth, competitiveness, and living standards relative to other countries.
Key Facts
- Mauritius's output-side real GDP at PPP was $27.78 billion in 2021.
- Mauritius's GDP per capita at PPP was $21,790 in 2021.
- Mauritius's economy grew by 4% in real terms in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total real economic output of Mauritius's economy, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for more accurate comparisons of economic activity and living standards between Mauritius and other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Mauritius's economic performance, competitiveness, and progress relative to other countries.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may not fully capture informal economic activity.
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Citation
U.S. Federal Reserve, Output-side Real GDP at chained Purchasing Power Parities for Mauritius (RGDPOSMUA666NRUG), retrieved from FRED.