Real GDP at Constant National Prices for Uzbekistan
RGDPNAUZA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
395,524.28
Year-over-Year Change
126.15%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Uzbekistan adjusted for inflation. It is a key indicator of the overall health and growth of the Uzbekistan 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
Real GDP at Constant National Prices for Uzbekistan is a widely used macroeconomic metric that tracks the total value of all goods and services produced within Uzbekistan, with the effects of price changes removed. It is an important measure of economic performance and living standards.
Methodology
The data is calculated by the World Bank using national accounts data.
Historical Context
Policymakers and analysts closely monitor this trend to assess Uzbekistan's economic growth and development.
Key Facts
- Uzbekistan's real GDP grew by 5.7% in 2021.
- The agricultural sector accounts for 27% of Uzbekistan's GDP.
- Uzbekistan is Central Asia's most populous country with over 33 million people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Uzbekistan, which is the total value of all goods and services produced within the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a key indicator of a country's economic performance and living standards. Monitoring this trend helps policymakers and analysts assess Uzbekistan's growth, development, and overall economic health.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data from Uzbekistan.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely track Uzbekistan's real GDP to inform decisions on fiscal, monetary, and developmental policies aimed at promoting economic growth and improving living standards.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it takes time to collect and process the national accounts information.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Uzbekistan (RGDPNAUZA666NRUG), retrieved from FRED.