Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Comoros
PC2GDPKMA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,028.49
Year-over-Year Change
16.87%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Comoros. It provides insights into the country's economic development and living standards relative to other nations.
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-adjusted GDP per capita is a crucial metric that accounts for differences in prices across countries, enabling more accurate comparisons of economic activity and living standards. This data is widely used by economists, policymakers, and international organizations to evaluate Comoros' economic performance and progress.
Methodology
The data is collected and calculated by the World Bank using the GEKS-CPDW method, which adjusts for price level differences across countries.
Historical Context
This trend is essential for informing economic policies and investment decisions related to Comoros' development and integration into the global economy.
Key Facts
- Comoros' PPP-adjusted GDP per capita was $1,522 in 2021.
- This metric has grown by an average of 1.2% annually over the past decade.
- Comoros ranks 172nd globally in terms of PPP 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 Comoros, which adjusts for price level differences across countries to enable more accurate comparisons of economic activity and living standards.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Comoros' economic performance and progress, as well as informing economic policies and investment decisions related to the country's development and integration into the global economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the GEKS-CPDW method, which adjusts for price level differences across countries.
Q: How is this trend used in economic policy?
A: This trend is essential for informing economic policies and investment decisions related to Comoros' development and integration into the global economy.
Q: Are there update delays or limitations?
A: The data is subject to update delays and may have limitations in coverage or accuracy, as is common with economic statistics for developing countries.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Comoros (PC2GDPKMA620NUPN), retrieved from FRED.