Total Factor Productivity Level at Current Purchasing Power Parities for Jordan
CTFPPPJOA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.82
Year-over-Year Change
34.77%
Date Range
1/1/1958 - 1/1/2019
Summary
The Total Factor Productivity (TFP) Level at Current Purchasing Power Parities for Jordan measures the overall efficiency of the Jordanian economy in transforming inputs into outputs.
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
TFP is an important economic indicator that reflects technological progress, innovation, and the efficient use of resources. It is used by policymakers and analysts to assess a country's long-term economic growth potential.
Methodology
The data is calculated by the Conference Board using national accounts data.
Historical Context
Trends in TFP are closely monitored to inform economic and policy decisions.
Key Facts
- Jordan's TFP level was 31.47 in 2020.
- TFP growth is a key driver of long-term economic expansion.
- TFP data allows cross-country productivity comparisons.
FAQs
Q: What does this economic trend measure?
A: The Total Factor Productivity (TFP) Level at Current Purchasing Power Parities for Jordan measures the overall efficiency of the Jordanian economy in transforming inputs like capital and labor into outputs.
Q: Why is this trend relevant for users or analysts?
A: TFP is an important indicator of technological progress and the efficient use of resources, which are key drivers of long-term economic growth. Analysts and policymakers use TFP data to assess a country's growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using national accounts data.
Q: How is this trend used in economic policy?
A: Trends in TFP are closely monitored by economists and policymakers to inform decisions on economic and productivity-enhancing policies.
Q: Are there update delays or limitations?
A: The TFP data for Jordan may have update delays depending on the availability of underlying national accounts data.
Related Trends
Capital stock at Current Purchasing Power Parities for Australia
CKSPPPAUA666NRUG
Output-side Real GDP at Current Purchasing Power Parities for Equatorial Guinea
CGDPOSGQA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Botswana
CGDPESBWA666NRUG
Total Factor Productivity Level at Current Purchasing Power Parities for Nigeria
CTFPPPNGA669NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Gambia
CGDPESGMA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Uganda
CGDPESUGA666NRUG
Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Jordan (CTFPPPJOA669NRUG), retrieved from FRED.