Expenditure-side Real GDP at Current Purchasing Power Parities for Egypt

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services produced in Egypt, adjusted for differences in purchasing power across countries. It provides a standardized way to compare the size of Egypt's economy to other nations.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by economists, policymakers, and international organizations to evaluate Egypt's economic performance, living standards, and development relative to the global economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using national accounts and price data from Egypt and other countries.

Q: How is this trend used in economic policy?

A: This GDP at PPP metric is a key input for international economic comparisons, policy discussions, and decisions by governments, multilateral institutions, and private-sector analysts.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 year lag due to the time required for data collection and processing. There may also be limitations in accurately measuring informal economic activity.