Output-side Real GDP at Current Purchasing Power Parities for Republic of Moldova
CGDPOSMDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,440.01
Year-over-Year Change
121.73%
Date Range
1/1/1990 - 1/1/2019
Summary
This trend measures the real gross domestic product (GDP) of the Republic of Moldova, adjusted for purchasing power parity (PPP). It provides insights into the overall economic output and living standards of the country.
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 the Republic of Moldova is an important macroeconomic indicator used to compare the relative size and growth of the Moldovan economy with other countries. It adjusts the nominal GDP to account for differences in price levels, enabling more accurate cross-country comparisons.
Methodology
The data is collected and calculated by the World Bank using household consumption and investment prices.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess Moldova's economic performance and competitiveness.
Key Facts
- Moldova's real GDP (PPP) was $33.4 billion in 2020.
- GDP per capita (PPP) in Moldova was $12,462 in 2020.
- Moldova's economy grew by 4.5% in 2021 after contracting in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the Republic of Moldova, adjusted for purchasing power parity (PPP). It provides insights into the overall economic output and living standards of the country.
Q: Why is this trend relevant for users or analysts?
A: The Output-side Real GDP at Current Purchasing Power Parities for Moldova is an important macroeconomic indicator used to compare the relative size and growth of the Moldovan economy with other countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using household consumption and investment prices.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess Moldova's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Republic of Moldova (CGDPOSMDA666NRUG), retrieved from FRED.