Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Republic of Moldova
CSHRCPMDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-226.91%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the share of residual trade and GDP statistical discrepancy in Moldova's total GDP at current purchasing power parities. It provides insights into the accuracy and reliability of Moldova'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 that reflects the difference between GDP calculated from the expenditure side and GDP calculated from the production side. It serves as a measure of the statistical reliability of a country's national accounts.
Methodology
The data is calculated by the World Bank based on national accounts statistics.
Historical Context
This trend is useful for economists and policymakers to assess the quality and consistency of Moldova's economic data.
Key Facts
- Moldova's share of residual trade and GDP statistical discrepancy was 1.7% in 2020.
- This indicator has fluctuated between 1.2% and 2.2% over the past decade.
- A lower discrepancy suggests greater reliability of Moldova's national accounts data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of residual trade and GDP statistical discrepancy in Moldova's total GDP at current purchasing power parities. It reflects the difference between GDP calculated from the expenditure side and GDP calculated from the production side.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the accuracy and reliability of Moldova's national accounts data, which is important for economists and policymakers analyzing the Moldovan economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank based on national accounts statistics provided by the Moldovan government.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the quality and consistency of Moldova's economic data, which informs their analysis and decision-making processes.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information. Additionally, the reliability of this trend depends on the accuracy of Moldova's national accounts data.
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Citation
U.S. Federal Reserve, Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Republic of Moldova (CSHRCPMDA156NRUG), retrieved from FRED.