Output-side Real GDP at Current Purchasing Power Parities for Sudan
CGDPOSSDA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181,252.39
Year-over-Year Change
68.09%
Date Range
1/1/1970 - 1/1/2019
Summary
This trend measures the real gross domestic product (GDP) of Sudan, adjusted for purchasing power parity (PPP). It provides a comprehensive gauge of the country's economic output and living standards relative to other nations.
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
Real GDP at current PPPs is a key indicator used by economists and policymakers to compare the size and growth of economies across countries, adjusting for differences in price levels. It enables more accurate international comparisons than nominal GDP.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This metric informs analyses of Sudan's economic performance, international competitiveness, and potential for growth and development.
Key Facts
- Sudan's real GDP at current PPPs was $178.4 billion in 2021.
- Sudan's real GDP per capita at current PPPs was $4,041 in 2021.
- Sudan's real GDP growth rate averaged 3.3% per year from 2010 to 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Sudan, adjusted for purchasing power parity (PPP). It provides a comprehensive gauge of the country's economic output and living standards relative to other nations.
Q: Why is this trend relevant for users or analysts?
A: Real GDP at current PPPs is a key indicator used by economists and policymakers to compare the size and growth of economies across countries, adjusting for differences in price levels. It enables more accurate international comparisons than nominal GDP.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric informs analyses of Sudan's economic performance, international competitiveness, and potential for growth and development.
Q: Are there update delays or limitations?
A: The data is subject to availability and update schedules from the World Bank.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Sudan (CGDPOSSDA666NRUG), retrieved from FRED.