Gross Domestic Product in Current Prices for Mauritania
MRTNGDPDUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,080,288,817.40
Year-over-Year Change
51.14%
Date Range
1/1/2000 - 1/1/2025
Summary
The Gross Domestic Product in Current Prices for Mauritania measures the total value of all goods and services produced within Mauritania's borders. It is a key indicator of the size and health of the Mauritanian economy.
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
GDP in current prices represents the market value of all final goods and services produced in a country during a given time period, typically a year. This metric is widely used by economists, policymakers, and analysts to assess economic performance and make informed decisions.
Methodology
The data is collected and calculated by the Mauritanian National Statistics Office.
Historical Context
GDP in current prices is a vital statistic for monitoring Mauritania's economic development and informing fiscal and monetary policies.
Key Facts
- Mauritania's GDP in current prices was $6.7 billion in 2021.
- GDP growth in Mauritania was 1.7% in 2021.
- Agriculture accounts for about 20% of Mauritania's GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product in Current Prices for Mauritania measures the total monetary value of all goods and services produced within Mauritania's borders over a given time period.
Q: Why is this trend relevant for users or analysts?
A: GDP in current prices is a crucial indicator of the size and performance of the Mauritanian economy, and is widely used by economists, policymakers, and investors to assess economic growth, make informed decisions, and develop effective policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Mauritanian National Statistics Office.
Q: How is this trend used in economic policy?
A: Mauritania's GDP in current prices is a key statistic for monitoring the country's economic development and informing fiscal and monetary policies.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the latest GDP data, and the accuracy of the data may be affected by factors such as the informal economy and data collection challenges.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Current Prices for Mauritania (MRTNGDPDUSD), retrieved from FRED.