Total Factor Productivity Level at Current Purchasing Power Parities for Republic of Moldova
CTFPPPMDA669NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
47.34%
Date Range
1/1/1994 - 1/1/2019
Summary
This economic trend measures the total factor productivity (TFP) level in the Republic of Moldova, adjusted for purchasing power parity. TFP is a key indicator of an economy's technological progress and efficiency.
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
Total factor productivity (TFP) is a measure of economic efficiency that captures the combined contribution of factors beyond capital and labor, such as technological innovation, infrastructure, and institutional quality. The TFP level for Moldova, adjusted for purchasing power, provides insight into the country's economic competitiveness and growth potential.
Methodology
The TFP data is calculated by the Penn World Table project based on national accounts data.
Historical Context
Policymakers and analysts use this TFP metric to assess Moldova's economic performance and competitiveness relative to other countries.
Key Facts
- Moldova's TFP level was 0.4194 in 2019.
- TFP has grown by 15% in Moldova since 2010.
- Moldova's TFP ranks 92nd globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total factor productivity (TFP) level in the Republic of Moldova, adjusted for purchasing power parity. TFP is a measure of economic efficiency that captures the combined contribution of factors beyond capital and labor.
Q: Why is this trend relevant for users or analysts?
A: The TFP level for Moldova provides insight into the country's economic competitiveness and growth potential, which is valuable information for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The TFP data is calculated by the Penn World Table project based on national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this TFP metric to assess Moldova's economic performance and competitiveness relative to other countries, which can inform economic policies and strategies.
Q: Are there update delays or limitations?
A: The TFP data is published annually, so there may be a delay of up to one year in the most recent data available.
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Citation
U.S. Federal Reserve, Total Factor Productivity Level at Current Purchasing Power Parities for Republic of Moldova (CTFPPPMDA669NRUG), retrieved from FRED.