What does GDP (Current Prices) measure?
It represents the total monetary value of all final goods and services produced within a country's borders during a given period, valued at the prices prevailing in that period, and serves as a key gauge of overall economic activity.
How is GDP at current prices different from GDP at constant prices?
GDP at current prices uses the prices of each period and therefore includes inflation, capturing nominal output, while GDP at constant prices values output using a fixed base year to isolate real growth in volume.
How many countries and which frequencies and period are covered?
The indicator covers 25 countries in Latin America and the Caribbean at annual and quarterly frequency, spanning 1990 to 2026.
What units and transformations are available?
Values are available in millions of USD, in millions of domestic currency, PPP adjusted and seasonally adjusted, with quarter-over-quarter and year-over-year percentage changes (QoQ %, YoY %).
Where does the data come from?
Data are sourced from national statistical institutes such as INEGI - Mexico, INDEC - Argentina, the Departamento Administrativo Nacional de Estadística (DANE) - Colombia and the Instituto Nacional de Estadísticas (INE) de Chile, then standardized by the IDB.
How do I cite this indicator?
Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "GDP (Current Prices)". data.iadb.org/dataset/latin-macro-watch-dataset.
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