Gross Domestic Product in Constant Prices for Tunisia
TUNNGDPRPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
-34.22%
Date Range
1/1/2000 - 1/1/2025
Summary
The Gross Domestic Product in Constant Prices for Tunisia measures the total value of all goods and services produced in the country, adjusted for inflation. This key economic indicator provides insights into the overall health and growth of Tunisia's 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
The GDP in Constant Prices for Tunisia represents the total economic output of the country, with the effects of price changes removed. It is a widely used metric for tracking economic performance and making comparisons over time.
Methodology
This data is collected and calculated by the Tunisian National Institute of Statistics using established national accounting principles.
Historical Context
Policymakers and analysts closely monitor Tunisia's GDP to assess the country's economic conditions and inform policy decisions.
Key Facts
- Tunisia's GDP in constant prices was $39.4 billion in 2021.
- Real GDP growth in Tunisia averaged 2.1% per year from 2010 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 Constant Prices for Tunisia measures the total value of all goods and services produced in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into the overall health and growth of Tunisia's economy, which is crucial for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the Tunisian National Institute of Statistics using established national accounting principles.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor Tunisia's GDP to assess the country's economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The GDP data for Tunisia is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Constant Prices for Tunisia (TUNNGDPRPCHPT), retrieved from FRED.