Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Tunisia
PLGDPOTNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
-17.41%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the purchasing power parity-adjusted price level of Tunisia's real GDP output, providing insights into the country's international price competitiveness.
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 is an indicator that compares the cost of a standardized basket of goods and services in Tunisia to the global average, adjusting for exchange rate differences.
Methodology
The data is calculated by the World Bank using a range of price and income data sources.
Historical Context
This metric is widely used by economists and policymakers to assess a country's economic performance and international trade dynamics.
Key Facts
- Tunisia's price level of output-side real GDP was 49.4 in 2021.
- The indicator has increased from 37.7 in 2000, suggesting rising domestic prices.
- Tunisia's price level is significantly below the global average, indicating relatively low costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity-adjusted price level of Tunisia's real GDP output, providing insights into the country's international price competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess a country's economic performance and international trade dynamics.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a range of price and income data sources.
Q: How is this trend used in economic policy?
A: This indicator is used to evaluate a country's economic competitiveness and can inform trade, investment, and monetary policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture rapid short-term changes in price levels.
Related Trends
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Portugal
PLGDPOPTA670NRUG
Exchange Rate (market+estimated) for Cambodia
XRNCUSKHA618NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Lebanon
PLGDPOLBA670NRUG
Exchange Rate (market+estimated) for Namibia
XRNCUSNAA618NRUG
Exchange Rate (market+estimated) for Qatar
XRNCUSQAA618NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Norway
PLGDPONOA670NRUG
Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Tunisia (PLGDPOTNA670NRUG), retrieved from FRED.