Oil Real GDP Growth in Constant Prices for Tunisia
TUNNGDPORPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-114.75%
Date Range
1/1/2001 - 1/1/2023
Summary
This trend measures the real GDP growth rate in Tunisia's oil industry, adjusted for inflation. It provides insights into the economic performance and productivity of Tunisia's oil sector.
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
The Oil Real GDP Growth in Constant Prices for Tunisia metric tracks the year-over-year change in the real (inflation-adjusted) gross domestic product originating from the oil industry in Tunisia. This measure is used by economists and policymakers to assess the health and trajectory of the country's oil-related economic activity.
Methodology
The data is collected and calculated by the Tunisian National Institute of Statistics.
Historical Context
This trend is closely monitored by energy analysts and policymakers to gauge the overall strength of Tunisia's economy and guide energy policy decisions.
Key Facts
- Tunisia is a net oil exporter in North Africa.
- Oil accounts for a significant portion of Tunisia's GDP.
- Real GDP growth in the oil sector impacts the broader Tunisian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the real (inflation-adjusted) gross domestic product originating from Tunisia's oil industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic performance and productivity of Tunisia's oil sector, which is a crucial component of the country's overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Tunisian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by energy analysts and policymakers to gauge the overall strength of Tunisia's economy and guide energy policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the Tunisian National Institute of Statistics.
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Citation
U.S. Federal Reserve, Oil Real GDP Growth in Constant Prices for Tunisia (TUNNGDPORPCHPT), retrieved from FRED.