Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Mauritius
PC2GDPMUA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,364.06
Year-over-Year Change
62.31%
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 Mauritius, providing a standardized metric for international economic comparisons.
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 key economic indicator that adjusts for differences in price levels between countries, allowing more accurate cross-country analysis of living standards and productivity.
Methodology
The data is collected and calculated by the World Bank using the GEKS-CPDW method.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to assess a country's economic development and living standards.
Key Facts
- Mauritius' PPP-adjusted GDP per capita was $23,301 in 2021.
- This metric adjusts for differences in purchasing power across countries.
- The data is sourced from the World Bank's International Comparison Program.
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 Mauritius, which adjusts for differences in price levels between countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-adjusted GDP per capita is a key metric used to assess a country's living standards and economic development in a more accurate, internationally comparable way.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the GEKS-CPDW method, a multilateral price index approach.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to evaluate a country's economic performance and living standards relative to other nations.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Mauritius (PC2GDPMUA620NUPN), retrieved from FRED.