Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Estonia
PCDGDPEEA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,907.50
Year-over-Year Change
105.59%
Date Range
1/1/1990 - 1/1/2010
Summary
This economic trend measures Estonia's per capita domestic absorption adjusted for purchasing power parity. It provides insights into the country's overall economic activity and living standards.
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 represents the total demand for goods and services within Estonia's economy, including household consumption, government spending, and investment. Adjusting this metric for purchasing power parity allows for cross-country comparisons of living standards.
Methodology
The data is calculated by the OECD using national accounts and price information.
Historical Context
This metric is useful for policymakers and analysts examining Estonia's economic performance and competitiveness.
Key Facts
- Estonia's per capita domestic absorption was $26,171 in 2021.
- Domestic absorption accounts for over 90% of Estonia's GDP.
- Purchasing power parity adjusts for cost-of-living differences across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Estonia's per capita domestic absorption, which represents the total demand for goods and services within the economy, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Estonia's overall economic activity and living standards, allowing for cross-country comparisons adjusted for cost-of-living differences.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and price information.
Q: How is this trend used in economic policy?
A: This metric is useful for policymakers and analysts examining Estonia's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is published annually by the OECD with some delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Estonia (PCDGDPEEA620NUPN), retrieved from FRED.