Index 2010=1, Annual, Not Seasonally Adjusted
NAEXKP04G7A661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.16
Year-over-Year Change
8.24%
Date Range
1/1/1961 - 1/1/2016
Summary
The 'Index 2010=1, Annual, Not Seasonally Adjusted' trend measures the purchasing power parity (PPP) of the United States compared to other countries. This metric is important for economists and policymakers to assess the relative cost of living and international trade competitiveness.
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 PPP index represents the exchange rate needed to equalize the purchasing power of different currencies, accounting for differences in the cost of living and inflation rates between countries. This helps provide a more accurate picture of real income levels and economic productivity across nations.
Methodology
The data is calculated by the World Bank using price surveys and GDP figures.
Historical Context
Policymakers use PPP data to guide trade, aid, and economic development policies.
Key Facts
- The U.S. PPP index was 1.0 in 2010, serving as the base year.
- In 2021, the U.S. PPP index was 0.916, indicating lower relative purchasing power.
- PPP data is used to compare living standards and production levels across countries.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Annual, Not Seasonally Adjusted' trend measures the purchasing power parity (PPP) of the United States compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: PPP data is important for economists and policymakers to assess the relative cost of living and international trade competitiveness between countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using price surveys and GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers use PPP data to guide trade, aid, and economic development policies.
Q: Are there update delays or limitations?
A: The PPP index is updated annually, with some potential delays in data availability.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (NAEXKP04G7A661S), retrieved from FRED.