Output-side Real GDP at Current Purchasing Power Parities for Uzbekistan
CGDPOSUZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
416,046.56
Year-over-Year Change
144.57%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the total inflation-adjusted output of Uzbekistan's economy, adjusting for differences in purchasing power between countries. It is a key indicator of overall economic activity and living standards.
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
Output-side Real GDP at Current Purchasing Power Parities (PPPs) is a comprehensive measure of a country's economic production, adjusted to account for price level differences across nations. It enables cross-country comparisons of economic output and living standards.
Methodology
The data is calculated by the World Bank using national accounts information and PPP exchange rates.
Historical Context
Policymakers and analysts use this trend to evaluate Uzbekistan's economic performance and living standards relative to other countries.
Key Facts
- Uzbekistan's 2021 output-side real GDP was $251 billion.
- GDP per capita in Uzbekistan was $7,302 in 2021.
- Uzbekistan's economy grew by 7.4% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total output of Uzbekistan's economy, adjusted for differences in prices and purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric enables comparisons of economic activity and living standards across nations, which is valuable for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The World Bank calculates this data using national accounts information and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Governments and international institutions use this trend to assess Uzbekistan's economic performance and benchmark it against other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture informal economic activity.
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Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Uzbekistan (CGDPOSUZA666NRUG), retrieved from FRED.