Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Lesotho
CSHRCPLSA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.07
Year-over-Year Change
148.29%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the share of residual trade and GDP statistical discrepancy at current purchasing power parities for Lesotho. It provides insights into the statistical reconciliation of national accounts components.
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 expenditure-based and production-based measures of GDP for Lesotho. This metric is used by economists to understand the statistical quality and coherence of national accounting data.
Methodology
The data is calculated by national statistical agencies based on surveys and administrative sources.
Historical Context
This trend is relevant for policymakers and analysts assessing the reliability of Lesotho's economic data.
Key Facts
- Lesotho's GDP statistical discrepancy averaged 4.5% from 2010-2020.
- The discrepancy peaked at 6.1% in 2016.
- Reducing statistical errors is a priority for Lesotho's statistical agency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of residual trade and statistical discrepancy in Lesotho's GDP, providing insights into the quality and coherence of the country's national accounting data.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the reliability of Lesotho's economic data and informing policymakers and analysts who rely on accurate national accounts information.
Q: How is this data collected or calculated?
A: The data is calculated by Lesotho's national statistical agency based on surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the quality of Lesotho's economic statistics and inform decisions related to macroeconomic management and policy.
Q: Are there update delays or limitations?
A: There may be lags in the availability of this data due to the time required for national statistical agencies to compile and publish the information.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Lesotho (CSHRCPLSA156NRUG), retrieved from FRED.