Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Indonesia
PC2GDPIDA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,831.28
Year-over-Year Change
86.45%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic indicator measures the purchasing power parity (PPP)-adjusted gross domestic product (GDP) per capita for Indonesia, providing a standardized basis for international comparisons of living standards and economic output.
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 national GDP to account for differences in purchasing power, allowing more accurate cross-country comparisons of economic well-being and productivity. This data is widely used by economists, policymakers, and international organizations to assess relative economic development.
Methodology
The data is calculated by the World Bank using the Geary-Khamis method to convert local currency GDP figures to a common purchasing power standard.
Historical Context
This metric informs analysis of Indonesia's economic competitiveness, living standards, and overall development relative to other countries.
Key Facts
- Indonesia's 2021 PPP-adjusted GDP per capita was $13,434.
- Indonesia ranks 94th globally in PPP GDP per capita.
- Indonesia's PPP GDP per capita is 27% of the United States level.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the purchasing power parity (PPP)-adjusted gross domestic product (GDP) per capita for Indonesia, providing a standardized basis for international comparisons of living standards and economic output.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and international organizations to assess relative economic development, competitiveness, and living standards across countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis method to convert local currency GDP figures to a common purchasing power standard.
Q: How is this trend used in economic policy?
A: This metric informs analysis of Indonesia's economic competitiveness, living standards, and overall development relative to other countries, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture rapid economic changes within a given year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Indonesia (PC2GDPIDA620NUPN), retrieved from FRED.