Output-side Real GDP at chained Purchasing Power Parities for Tunisia
RGDPOSTNA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,698.92
Year-over-Year Change
18.78%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the output-side real gross domestic product (GDP) of Tunisia, adjusted for purchasing power parity (PPP). It provides a standardized measure of Tunisia's economic output that allows for international comparisons.
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 Tunisia is a key indicator of the country's economic performance. It takes into account differences in price levels between Tunisia and other countries, enabling analysts to evaluate Tunisia's output in real, comparable terms.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This trend is widely used by policymakers, economists, and international organizations to assess Tunisia's economic development and competitiveness.
Key Facts
- Tunisia's Output-side Real GDP was $39.9 billion in 2021.
- Tunisia's economy grew by 3.1% in 2021 after contracting in 2020.
- Tunisia's GDP per capita at PPP was $10,900 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total output of goods and services produced in Tunisia, adjusted for differences in purchasing power between Tunisia and other countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a standardized, internationally comparable measure of Tunisia's economic performance, enabling analysts to evaluate the country's competitiveness and development.
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, economists, and international organizations use this trend to assess Tunisia's economic development, competitiveness, and progress towards policy goals.
Q: Are there update delays or limitations?
A: There may be delays in data availability, as the World Bank relies on national statistical agencies to provide the underlying data.
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Citation
U.S. Federal Reserve, Output-side Real GDP at chained Purchasing Power Parities for Tunisia (RGDPOSTNA666NRUG), retrieved from FRED.