Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Chad
PLGDPOTDA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
0.21%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the price level of output-side real GDP in Chad, adjusted for differences in purchasing power across countries. It provides insights into the relative cost of goods and services in Chad compared to other nations.
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 price level of output-side real GDP at current purchasing power parities (PPP) represents the price level of a country's total economic output, adjusted for differences in the cost of living and purchasing power between countries. This metric is useful for international comparisons of economic activity and living standards.
Methodology
The data is calculated by the World Bank using exchange rates and price levels.
Historical Context
Policymakers and economists use this trend to assess Chad's economic competitiveness and living standards relative to other countries.
Key Facts
- Chad's price level of output-side real GDP was 0.31 in 2020.
- This indicates Chad's price level is 31% of the global average.
- The trend has fluctuated between 0.30 and 0.34 since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of Chad's total economic output, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into Chad's economic competitiveness and living standards relative to other nations, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Chad's economic performance and competitiveness compared to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not fully capture short-term changes in Chad's price levels.
Related Trends
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Germany
PLGDPODEA670NRUG
Exchange Rate (market+estimated) for the Democratic Republic of the Congo
XRNCUSCDA618NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Lithuania
PLGDPOLTA670NRUG
Exchange Rate (market+estimated) for Gambia
XRNCUSGMA618NRUG
Exchange Rate (market+estimated) for Finland
XRNCUSFIA618NRUG
Exchange Rate (market+estimated) for the Plurinational State of Bolivia
XRNCUSBOA618NRUG
Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Chad (PLGDPOTDA670NRUG), retrieved from FRED.