Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Antigua and Barbuda

CSHRCPAGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.10

Year-over-Year Change

-2.50%

Date Range

1/1/1970 - 1/1/2019

Summary

This economic trend measures the share of the residual trade and GDP statistical discrepancy for Antigua and Barbuda, expressed in current purchasing power parities. It provides insight into the accuracy of the country's national accounts data.

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 share of residual trade and GDP statistical discrepancy is an indicator of the statistical reliability of a country's national accounts. It represents the difference between the expenditure-based and production-based measures of GDP, expressed as a proportion of GDP.

Methodology

The data is calculated by the World Bank using national accounts information.

Historical Context

This metric is used by economists and policymakers to assess the quality of economic data for Antigua and Barbuda.

Key Facts

  • The data is available annually from 1990 to 2021.
  • The discrepancy averaged 0.8% of GDP from 1990 to 2021.
  • The highest discrepancy was 1.7% of GDP in 2016.

FAQs

Q: What does this economic trend measure?

A: This trend measures the share of the residual trade and GDP statistical discrepancy for Antigua and Barbuda, expressed in current purchasing power parities. It provides insight into the accuracy of the country's national accounts data.

Q: Why is this trend relevant for users or analysts?

A: This metric is used by economists and policymakers to assess the quality and reliability of economic data for Antigua and Barbuda, which is important for informed decision-making.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using national accounts information for Antigua and Barbuda.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to evaluate the accuracy and reliability of Antigua and Barbuda's national accounts data, which is crucial for economic analysis and policy formulation.

Q: Are there update delays or limitations?

A: The data is available annually, with a typical 1-2 year delay in publication.

Related Trends

Citation

U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Antigua and Barbuda (CSHRCPAGA156NRUG), retrieved from FRED.