Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Timor-Leste
PCDGDPTLA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,218.90
Year-over-Year Change
55.15%
Date Range
1/1/2000 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted domestic absorption per capita for Timor-Leste. It provides insights into the country's economic activity and living standards compared 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
Purchasing power parity (PPP) conversion allows for more accurate cross-country comparisons of economic data. This metric aggregates private and government consumption, as well as investment, to represent the total domestic demand in Timor-Leste on a per capita basis.
Methodology
The data is calculated based on national accounts information and PPP conversion factors.
Historical Context
This indicator is used by economists and policymakers to evaluate Timor-Leste's economic development and living standards relative to global benchmarks.
Key Facts
- Timor-Leste is a developing country in Southeast Asia.
- This metric adjusts for price level differences across countries.
- It can inform policies aimed at improving living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted domestic absorption per capita for Timor-Leste. It represents the country's total domestic demand on a per person basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Timor-Leste's economic activity and living standards compared to other nations, which is valuable for economists and policymakers evaluating the country's development.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts information and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess Timor-Leste's economic development and living standards relative to global benchmarks, which can inform policies aimed at improving the country's economic conditions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the source agency.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Timor-Leste (PCDGDPTLA620NUPN), retrieved from FRED.