Gross Domestic Product in Current Prices for Tunisia
TUNNGDPDUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,651,399,748.80
Year-over-Year Change
12.26%
Date Range
1/1/2000 - 1/1/2025
Summary
The Gross Domestic Product in Current Prices for Tunisia measures the total value of all goods and services produced within the country, expressed in U.S. dollars. This metric is a key indicator of a nation's economic activity and performance.
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
GDP in current prices represents the total market value of all final goods and services produced in Tunisia during a given period. It is a widely used statistic for analyzing a country's economic health, growth trends, and international competitiveness.
Methodology
The data is collected by the Tunisian government's National Institute of Statistics and reported to international organizations.
Historical Context
GDP in current prices is closely monitored by policymakers, investors, and economic analysts to gauge the overall state of the Tunisian economy.
Key Facts
- Tunisia's GDP in current prices was $39.24 billion in 2021.
- GDP growth in Tunisia averaged 3.4% per year from 2000 to 2021.
- The services sector accounts for over 60% of Tunisia's GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product in Current Prices for Tunisia measures the total market value of all final goods and services produced within the country, expressed in U.S. dollars.
Q: Why is this trend relevant for users or analysts?
A: GDP in current prices is a key indicator of a country's economic performance and size, providing insights into growth, development, and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the Tunisian government's National Institute of Statistics and reported to international organizations.
Q: How is this trend used in economic policy?
A: GDP in current prices is closely monitored by policymakers, investors, and economic analysts to gauge the overall state of the Tunisian economy and inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: There may be some lag in the availability of the most recent GDP data due to the time required for data collection and reporting by the Tunisian government.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Current Prices for Tunisia (TUNNGDPDUSD), retrieved from FRED.