Output-side Real GDP at Current Purchasing Power Parities for Egypt
CGDPOSEGA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,212,398.38
Year-over-Year Change
110.93%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Egypt's real Gross Domestic Product (GDP) adjusted for purchasing power parity (PPP). It is a key indicator of the overall size and performance of the Egyptian 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 Output-side Real GDP at Current Purchasing Power Parities for Egypt tracks the total inflation-adjusted value of all goods and services produced within the country, converted to a common international currency using PPP exchange rates. This metric provides a standardized comparison of economic activity across countries.
Methodology
The data is calculated by the World Bank using national accounts information and PPP conversion factors.
Historical Context
Policymakers and analysts use this metric to assess Egypt's economic growth and competitiveness relative to other nations.
Key Facts
- Egypt's real GDP in PPP terms was $1.33 trillion in 2021.
- Egypt's real GDP per capita in PPP terms was $12,700 in 2021.
- Egypt's real GDP growth rate was 3.3% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total inflation-adjusted value of all goods and services produced within Egypt, converted to a common international currency using purchasing power parity (PPP) exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a standardized way to compare the size and performance of the Egyptian economy relative to other countries, which is useful for policymakers and economists assessing economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and PPP conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Egypt's economic growth and competitiveness compared to other nations, which informs economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions in Egypt.
Related Trends
Output-side Real GDP at Current Purchasing Power Parities for Netherlands
CGDPOSNLA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Angola
CGDPESAOA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Tajikistan
CTFPPPTJA669NRUG
Capital stock at Current Purchasing Power Parities for Turkey
CKSPPPTRA666NRUG
Capital stock at Current Purchasing Power Parities for Guinea-Bissau
CKSPPPGWA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Rwanda
CGDPESRWA666NRUG
Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Egypt (CGDPOSEGA666NRUG), retrieved from FRED.