Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Uzbekistan
PC2GDPUZA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,154.83
Year-over-Year Change
147.02%
Date Range
1/1/1990 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Uzbekistan. It provides insight into the country's 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
The PPP-converted GDP per capita trend adjusts for differences in price levels between Uzbekistan and other countries, allowing for more accurate cross-country comparisons of living standards and economic well-being. It is a key metric used by economists and policymakers to assess a nation's economic progress.
Methodology
The data is collected and calculated by the World Bank using the Geary-Khamis 'International Dollar' method.
Historical Context
This trend is widely used to inform economic policy decisions and international development strategies.
Key Facts
- Uzbekistan's PPP-adjusted GDP per capita was $7,301 in 2021.
- This trend has shown steady growth over the past decade.
- Uzbekistan's PPP GDP per capita is below the global average.
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 Uzbekistan. It adjusts for differences in price levels to allow for more accurate cross-country comparisons of living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Uzbekistan's economic development and standard of living. It is widely used by economists and policymakers to assess a nation's economic progress and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the Geary-Khamis 'International Dollar' method.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic policy decisions and international development strategies, as it provides a more accurate assessment of a country's economic performance and living standards compared to other nations.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it can take time to collect and process the necessary information from various sources.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Uzbekistan (PC2GDPUZA620NUPN), retrieved from FRED.