Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Brazil
PC2GDPBRA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,715.61
Year-over-Year Change
65.28%
Date Range
1/1/1950 - 1/1/2010
Summary
This trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Brazil, providing insights into the country's economic development and living standards.
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-converted GDP per capita metric adjusts for differences in price levels between countries, allowing for more accurate cross-country comparisons of economic output and living standards. This data is widely used by economists, policymakers, and international organizations to evaluate Brazil's economic performance and social progress.
Methodology
The data is collected and calculated by the Penn World Table using the GEKS-CPDW method.
Historical Context
This metric informs policy decisions and investment strategies related to Brazil's economic and social development.
Key Facts
- Brazil's PPP-converted GDP per capita was $15,700 in 2021.
- This metric has grown by an average of 2.5% annually over the past decade.
- Brazil ranks 78th globally in PPP-converted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Brazil, which adjusts for differences in price levels to allow for more accurate cross-country comparisons of economic output and living standards.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and international organizations to evaluate Brazil's economic performance and social progress, as it provides insights into the country's economic development and living standards.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Penn World Table using the GEKS-CPDW method.
Q: How is this trend used in economic policy?
A: This metric informs policy decisions and investment strategies related to Brazil's economic and social development.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Brazil (PC2GDPBRA620NUPN), retrieved from FRED.