Constant GDP per capita for Antigua and Barbuda
NYGDPPCAPKDATG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,469.00
Year-over-Year Change
15.51%
Date Range
1/1/1977 - 1/1/2024
Summary
The 'Constant GDP per capita for Antigua and Barbuda' series measures the total economic output per person in Antigua and Barbuda, adjusted for inflation. It is a key indicator of a country's standard of living and economic development.
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
GDP per capita represents the total economic output of a country divided by its population. This metric allows for cross-country comparisons and analysis of a nation's economic progress over time. Tracking constant GDP per capita helps economists and policymakers evaluate Antigua and Barbuda's economic performance and living standards.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Constant GDP per capita is widely used to inform economic and social policies in Antigua and Barbuda and globally.
Key Facts
- Antigua and Barbuda's constant GDP per capita was $24,176 in 2021.
- GDP per capita has grown by over 60% in Antigua and Barbuda since 2000.
- Antigua and Barbuda has one of the highest GDP per capita levels in the Caribbean region.
FAQs
Q: What does this economic trend measure?
A: The 'Constant GDP per capita for Antigua and Barbuda' series measures the total economic output per person in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Tracking constant GDP per capita is crucial for evaluating Antigua and Barbuda's economic performance, living standards, and development over time.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: Constant GDP per capita is widely used to inform economic and social policies in Antigua and Barbuda and globally.
Q: Are there update delays or limitations?
A: The data is typically updated annually with a short delay, and may be subject to revisions by the source.
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Citation
U.S. Federal Reserve, Constant GDP per capita for Antigua and Barbuda (NYGDPPCAPKDATG), retrieved from FRED.