Real GDP at Constant National Prices for Comoros
RGDPNAKMA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,735.20
Year-over-Year Change
75.30%
Date Range
1/1/1960 - 1/1/2019
Summary
This series tracks the real Gross Domestic Product (GDP) at constant national prices for Comoros, a small island nation in the Indian Ocean. It is a key indicator of the country's overall economic growth and development.
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
Real GDP is a measure of the total value of goods and services produced in Comoros, adjusted for inflation. It provides a comprehensive view of the country's economic performance and is widely used by economists and policymakers to assess the health of the Comorian economy.
Methodology
The data is collected and calculated by the World Bank using national accounts information.
Historical Context
Trends in real GDP are closely monitored by international institutions and investors to understand Comoros' economic trajectory and inform policy decisions.
Key Facts
- Comoros is a small island nation in the Indian Ocean.
- Real GDP is a key indicator of economic performance.
- The data is collected and calculated by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This series tracks the real Gross Domestic Product (GDP) at constant national prices for Comoros, a measure of the total value of goods and services produced in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Trends in real GDP are widely used by economists and policymakers to assess the overall health and growth of the Comorian economy, which is crucial for understanding the country's economic development and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: Trends in real GDP for Comoros are closely monitored by international institutions and investors to understand the country's economic trajectory and inform policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the most recent data, as it relies on the collection and processing of national accounts information by the World Bank.
Related Trends
Capital Stock at Constant National Prices for Russian Federation
RKNANPRUA666NRUG
Real GDP at Constant National Prices for Togo
RGDPNATGA666NRUG
Share of Labour Compensation in GDP at Current National Prices for Mozambique
LABSHPMZA156NRUG
Total Factor Productivity at Constant National Prices for India
RTFPNAINA632NRUG
Capital Stock at Constant National Prices for Syrian Arab Republic
RKNANPSYA666NRUG
Total Factor Productivity at Constant National Prices for Namibia
RTFPNANAA632NRUG
Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Comoros (RGDPNAKMA666NRUG), retrieved from FRED.