Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Sao Tome and Principe
PC2GDPSTA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,847.18
Year-over-Year Change
47.67%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Sao Tome and Principe. It provides insights into the country's standard of living and economic development 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-converted GDP per capita is a widely used metric that adjusts a country's GDP to account for differences in purchasing power, allowing for more accurate cross-country comparisons. This data is particularly relevant for economists and policymakers analyzing economic performance and living standards.
Methodology
The data is calculated by the World Bank using the GEKS-CPDW method to determine PPP conversion factors.
Historical Context
This indicator helps inform decisions related to international development, trade, and economic policy.
Key Facts
- Sao Tome and Principe is a small island country in Central Africa.
- The PPP-converted GDP per capita for Sao Tome and Principe was $3,462 in 2021.
- This metric has increased by 35% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Sao Tome and Principe, which provides a more accurate comparison of living standards across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for economists and policymakers analyzing economic performance, living standards, and international development in Sao Tome and Principe.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the GEKS-CPDW method to determine PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric helps inform decisions related to international development, trade, and economic policy by providing insights into Sao Tome and Principe's standard of living and economic performance.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some potential delays in the most recent year's figures.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Sao Tome and Principe (PC2GDPSTA620NUPN), retrieved from FRED.