Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Tajikistan
PC2GDPTJA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,560.77
Year-over-Year Change
224.06%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Tajikistan. It provides insights into the standard of living and economic development of the country.
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 key indicator used to compare the economic output and living standards across different countries. It adjusts the GDP to account for differences in purchasing power, enabling more accurate cross-country comparisons.
Methodology
The data is calculated by the World Bank using the GEKS-CPDW method based on price and GDP data.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to assess a country's economic performance and development.
Key Facts
- Tajikistan's PPP-converted GDP per capita was $3,570 in 2021.
- This metric has grown by an average of 4.7% annually over the past decade.
- Tajikistan's PPP-converted GDP per capita is approximately 13% of the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Tajikistan, which provides insights into the country's standard of living and economic development.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita is a widely used metric for comparing economic output and living standards across different countries, as it accounts for differences in purchasing power.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the GEKS-CPDW method based on price and GDP data.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and international organizations to assess a country's economic performance and development, informing policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, and cross-country comparisons can be influenced by differences in data collection and methodologies.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Tajikistan (PC2GDPTJA620NUPN), retrieved from FRED.