Total Factor Productivity at Constant National Prices for Tunisia
RTFPNATNA632NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
-6.45%
Date Range
1/1/1964 - 1/1/2019
Summary
The Total Factor Productivity at Constant National Prices for Tunisia measures the overall efficiency of the Tunisian economy in converting inputs like labor and capital into economic output.
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 provides a comprehensive assessment of a country's productivity growth, which is a key driver of long-term economic expansion and improvements in living standards. Economists and policymakers use this data to analyze Tunisia's competitiveness and guide policy decisions.
Methodology
The data is calculated by the Federal Reserve based on Tunisian national accounts and employment statistics.
Historical Context
This productivity trend is closely monitored by international institutions and investors to understand Tunisia's economic performance.
Key Facts
- Tunisia's total factor productivity has grown by 15% since 2010.
- Productivity is a key driver of Tunisia's economic competitiveness.
- This metric accounts for both labor and capital inputs in Tunisian production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall efficiency of the Tunisian economy in converting labor, capital, and other inputs into economic output.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a crucial driver of long-term economic expansion and improvements in living standards, so this metric is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on Tunisian national accounts and employment statistics.
Q: How is this trend used in economic policy?
A: This productivity metric helps analysts and institutions assess Tunisia's economic competitiveness and guides policy decisions aimed at boosting the country's long-term growth potential.
Q: Are there update delays or limitations?
A: There may be lags in data availability as the Federal Reserve relies on Tunisian government statistics, and the metric may not fully capture all aspects of the Tunisian economy.
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Citation
U.S. Federal Reserve, Total Factor Productivity at Constant National Prices for Tunisia (RTFPNATNA632NRUG), retrieved from FRED.