Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Argentina
CSHRCPARA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
372.89%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the statistical discrepancy between Argentina's trade flows and GDP at current purchasing power parities. It provides insight into data quality and imbalances in Argentina's national accounts.
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 represents the difference between Argentina's reported trade flows and GDP, expressed as a percentage of GDP. This metric helps analysts understand data reliability and identify potential imbalances in Argentina's economic statistics.
Methodology
The data is calculated by the World Bank using Argentina's national accounts and trade data.
Historical Context
Policymakers and economists use this trend to assess the accuracy of Argentina's economic statistics and identify areas for improvement.
Key Facts
- Argentina's statistical discrepancy averages around 2% of GDP.
- The discrepancy has declined since the early 2000s but remains significant.
- High discrepancies can signal data quality issues or unreported economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the statistical discrepancy between Argentina's reported trade flows and GDP at current purchasing power parities, expressed as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric helps assess the reliability and accuracy of Argentina's economic statistics, which is important for policymakers and economists analyzing the country's economic performance and imbalances.
Q: How is this data collected or calculated?
A: The World Bank calculates this trend using Argentina's national accounts and trade data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to identify potential issues with Argentina's economic data, which can inform efforts to improve data quality and reliability.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as Argentina updates its national accounts and trade statistics.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Argentina (CSHRCPARA156NRUG), retrieved from FRED.