Expenditure-side Real GDP at Current Purchasing Power Parities for Sudan
CGDPESSDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169,980.36
Year-over-Year Change
61.91%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the expenditure-side real gross domestic product (GDP) of Sudan, adjusted for differences in purchasing power across countries. It provides insights into the overall size and growth of Sudan's economy.
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 expenditure-side real GDP at current purchasing power parities (PPPs) for Sudan is a key indicator used by economists and policymakers to assess the performance and development of the Sudanese economy. It allows for cross-country comparisons by accounting for price level differences.
Methodology
The data is collected and calculated by the World Bank using a standardized methodology for estimating GDP and purchasing power parities.
Historical Context
This indicator is used to monitor economic growth, evaluate policy decisions, and facilitate international comparisons.
Key Facts
- Sudan's expenditure-side real GDP was $179.4 billion in 2021.
- The economy grew by 0.1% in 2021 compared to the previous year.
- Sudan's GDP per capita adjusted for PPPs was $4,067 in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expenditure-side real gross domestic product (GDP) of Sudan, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall size and growth of the Sudanese economy, enabling cross-country comparisons and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a standardized methodology for estimating GDP and purchasing power parities.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to monitor economic growth, evaluate policy decisions, and facilitate international comparisons of Sudan's economic performance.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there can be lags in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for Sudan (CGDPESSDA666NRUG), retrieved from FRED.