Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Slovak Republic
Quarterly
SVKCP040100GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.14
Year-over-Year Change
69.40%
Date Range
4/1/1995 - 7/1/2023
Summary
The Quarterly trend measures Slovakia's Gross National Income (GNI) per capita, a key indicator of a country's economic development and standard of living.
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
GNI per capita is a widely used metric that represents the total national income divided by the population. It provides insight into a country's economic productivity and is used by economists and policymakers to assess a nation's progress and potential.
Methodology
The data is collected and calculated by the World Bank based on national accounts information.
Historical Context
This trend is a critical data point for international economic comparisons and development policy.
Key Facts
- Slovakia's GNI per capita was $21,250 in 2021.
- GNI per capita has grown by over 60% in Slovakia since 2000.
- Slovakia ranks 35th globally in GNI per capita.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures Slovakia's Gross National Income (GNI) per capita, a key indicator of the country's economic development and standard of living.
Q: Why is this trend relevant for users or analysts?
A: GNI per capita is a widely used metric that provides insight into a country's economic productivity and is used by economists and policymakers to assess a nation's progress and potential.
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: This trend is a critical data point for international economic comparisons and development policy.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the World Bank with a short delay.
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Citation
U.S. Federal Reserve, Quarterly (SVKCP040100GPQ), retrieved from FRED.