Output-side Real GDP at Current Purchasing Power Parities for Poland
CGDPOSPLA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,214,853.00
Year-over-Year Change
67.33%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Poland, adjusted for purchasing power parity (PPP). It provides a comprehensive gauge of Poland's economic output and growth over time.
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 Poland tracks the total value of all goods and services produced within the Polish economy, after adjusting for differences in price levels between Poland and other countries. This metric enables cross-country comparisons of economic activity and standard of living.
Methodology
The data is calculated by the World Bank using expenditure-side real GDP estimates and PPP conversion factors.
Historical Context
Policymakers and analysts use this trend to assess Poland's macroeconomic performance and international competitiveness.
Key Facts
- Poland's real GDP (PPP) was $1.3 trillion in 2021.
- Poland's real GDP (PPP) per capita was $34,700 in 2021.
- Poland's real GDP (PPP) has grown by 3.9% annually on average over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Poland, adjusted for differences in purchasing power parity (PPP) between Poland and other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric enables cross-country comparisons of economic activity and standard of living, which is crucial for policymakers and analysts assessing Poland's macroeconomic performance and international competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using expenditure-side real GDP estimates and PPP conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Poland's overall economic output and growth, which informs decisions related to fiscal, monetary, and trade policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Poland (CGDPOSPLA666NRUG), retrieved from FRED.