Real GDP Per Capita for Comoros
COMNGDPRPCPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.07
Year-over-Year Change
-3139.43%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Real GDP Per Capita for Comoros' measures the total economic output of Comoros divided by its population, adjusted for inflation. This metric provides insight into the standard of living and economic development of the country.
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
Real GDP per capita is a key indicator of a country's economic performance and living standards. It represents the inflation-adjusted value of all goods and services produced within a country, divided by its total population. This metric is widely used by economists and policymakers to assess Comoros' economic growth and compare its development to other nations.
Methodology
The data is calculated by the World Bank using national accounts data and population figures.
Historical Context
Real GDP per capita is a important statistic for evaluating Comoros' macroeconomic policies and informing investment and development decisions.
Key Facts
- Comoros' real GDP per capita was $1,570 in 2021.
- The country's GDP per capita has grown by 4.5% annually over the past decade.
- Comoros is classified as a Least Developed Country by the United Nations.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP Per Capita for Comoros' measures the total economic output of Comoros divided by its population, adjusted for inflation. It provides insight into the country's standard of living and economic development.
Q: Why is this trend relevant for users or analysts?
A: Real GDP per capita is a key indicator used by economists and policymakers to assess a country's economic performance and living standards. It informs decisions around macroeconomic policies, investments, and development strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and population figures.
Q: How is this trend used in economic policy?
A: Real GDP per capita is an important statistic for evaluating Comoros' macroeconomic policies and informing investment and development decisions. It allows for comparisons between Comoros and other countries.
Q: Are there update delays or limitations?
A: The data is subject to update lags, as it relies on national accounts and population data. There may also be limitations in data quality and coverage, particularly for developing countries like Comoros.
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Citation
U.S. Federal Reserve, Real GDP Per Capita for Comoros (COMNGDPRPCPCPPPT), retrieved from FRED.