Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Mauritania
PC2GDPMRA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,613.44
Year-over-Year Change
122.26%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic indicator measures the purchasing power-adjusted GDP per capita for Mauritania, providing insights into the country's overall economic development and standard of living.
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
Purchasing power parity (PPP) GDP per capita is a metric that adjusts a country's GDP per capita to account for differences in purchasing power across countries. This allows for more accurate cross-country comparisons of economic output and living standards.
Methodology
The data is calculated by the World Bank using the Geary-Khamis-Elteto-Koves-Szulc (GEKS-CPDW) method.
Historical Context
PPP GDP per capita is a key indicator used by economists and policymakers to evaluate a country's economic performance and development.
Key Facts
- Mauritania's PPP GDP per capita was $5,291 in 2021.
- PPP GDP per capita adjusts for cost of living differences across countries.
- Mauritania is a developing economy in West Africa.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the purchasing power-adjusted GDP per capita for Mauritania, providing insights into the country's overall economic development and standard of living.
Q: Why is this trend relevant for users or analysts?
A: PPP GDP per capita is a key metric used by economists and policymakers to evaluate a country's economic performance and development, as it accounts for differences in purchasing power across countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis-Elteto-Koves-Szulc (GEKS-CPDW) method.
Q: How is this trend used in economic policy?
A: PPP GDP per capita is used by economists, policymakers, and international organizations to assess a country's economic development, compare living standards across countries, and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to update delays and potential limitations in data collection and methodology, as with any economic indicator.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Mauritania (PC2GDPMRA620NUPN), retrieved from FRED.