Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Botswana
PCDGDPBWA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,165.66
Year-over-Year Change
73.71%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic indicator measures the purchasing power parity-adjusted per capita domestic absorption for Botswana, providing insights into the country's economic well-being and consumption patterns.
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
Domestic absorption per capita is a key metric that captures the total expenditure on goods and services within a country, adjusted for differences in purchasing power. This trend is useful for cross-country comparisons and understanding a nation's standard of living.
Methodology
The data is calculated using the GEKS-CPDW method, which combines national accounts and price data.
Historical Context
This metric is closely watched by policymakers and economists to gauge Botswana's economic performance and guide policy decisions.
Key Facts
- Botswana's per capita domestic absorption was $7,462 in 2020.
- This metric has grown by an average of 3.7% annually over the past decade.
- Domestic absorption accounts for over 90% of Botswana's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity-adjusted per capita domestic absorption for Botswana, which represents the total expenditure on goods and services within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Botswana's standard of living and economic well-being, and is useful for cross-country comparisons and understanding consumption patterns.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, which combines national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers and economists to gauge Botswana's economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability of national accounts and price information, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Botswana (PCDGDPBWA620NUPN), retrieved from FRED.