Real GDP at Constant National Prices for Swaziland
RGDPNASZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,667.10
Year-over-Year Change
31.36%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Real GDP at Constant National Prices for Swaziland' series measures the inflation-adjusted gross domestic product of Swaziland, a key indicator of the country's 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
This series represents the total value of all final goods and services produced within Swaziland, adjusted for changes in prices over time to provide a real, inflation-adjusted measure of economic activity. It is a widely used metric for assessing a nation's economic performance and serves as an important input for policymakers and analysts.
Methodology
The data is collected and calculated by the World Bank based on national accounts information.
Historical Context
Trends in real GDP are closely monitored by government agencies, central banks, and international economic organizations to inform macroeconomic policy decisions.
Key Facts
- Swaziland is a small, landlocked country in Southern Africa.
- The real GDP of Swaziland has grown by an average of 2.3% per year over the past decade.
- Agriculture and manufacturing are important sectors in Swaziland's economy.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP at Constant National Prices for Swaziland' series measures the total value of all final goods and services produced within Swaziland, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Swaziland's economic growth and development, and is closely monitored by policymakers, economists, and international organizations to inform macroeconomic decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts information.
Q: How is this trend used in economic policy?
A: Trends in real GDP are used by government agencies, central banks, and international organizations to assess a country's economic performance and inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in the underlying national accounts information used to calculate this metric.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Swaziland (RGDPNASZA666NRUG), retrieved from FRED.