Output-side Real GDP at Current Purchasing Power Parities for Indonesia
CGDPOSIDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,120,405.75
Year-over-Year Change
145.11%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Indonesia's real Gross Domestic Product (GDP) adjusted for purchasing power parity (PPP). It is a key indicator of the country's economic growth and development.
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 Indonesia tracks the total value of goods and services produced in the country, adjusted to account for differences in purchasing power across economies. This metric allows for more accurate cross-country comparisons of economic activity.
Methodology
The data is calculated by the World Bank using national accounts information.
Historical Context
Policymakers and analysts use this metric to evaluate Indonesia's economic performance and competitiveness.
Key Facts
- Indonesia's real GDP PPP was $3.31 trillion in 2021.
- Indonesia's real GDP PPP grew by 3.7% in 2021 after contracting in 2020.
- Indonesia is the largest economy in Southeast Asia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services produced in Indonesia, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for more accurate cross-country comparisons of economic activity and is a key indicator of Indonesia's economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Indonesia's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the World Bank and may have some delay in reporting.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Indonesia (CGDPOSIDA666NRUG), retrieved from FRED.