Total Factor Productivity at Constant National Prices for Mauritania
RTFPNAMRA632NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-6.10%
Date Range
1/1/1977 - 1/1/2019
Summary
The Total Factor Productivity at Constant National Prices for Mauritania measures the overall efficiency of production factors like labor and capital in the Mauritanian 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
This economic indicator provides insights into the productivity and technological progress of Mauritania by accounting for changes in output that cannot be attributed to increases in traditional inputs like labor and capital.
Methodology
The data is calculated by the U.S. Federal Reserve using a growth accounting framework.
Historical Context
Policymakers and economists monitor this trend to assess Mauritania's economic competitiveness and growth potential.
Key Facts
- Mauritania is a lower-middle-income country in West Africa.
- Total factor productivity growth is a key driver of long-term economic development.
- The data is published quarterly with a 3-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall efficiency and productivity of the Mauritanian economy by capturing output growth that cannot be attributed to increases in traditional inputs like labor and capital.
Q: Why is this trend relevant for users or analysts?
A: Total factor productivity is a crucial indicator of an economy's competitiveness and long-term growth potential, making this trend highly relevant for policymakers, investors, and economic analysts focused on Mauritania.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a growth accounting framework that separates output growth into contributions from labor, capital, and total factor productivity.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess Mauritania's economic competitiveness and identify opportunities to boost productivity through investments, reforms, or technological adoption.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Factor Productivity at Constant National Prices for Mauritania (RTFPNAMRA632NRUG), retrieved from FRED.