Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Jordan
PGD2USJOA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.45
Year-over-Year Change
25.04%
Date Range
1/1/1954 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Jordan relative to the United States. It provides insights into the comparative living standards and productivity between the two countries.
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-adjusted GDP per capita metric accounts for differences in the cost of living between countries, enabling more accurate cross-country comparisons of material well-being. This data series tracks Jordan's economic performance relative to the U.S. over time.
Methodology
The data is calculated by the World Bank using the Geary-Khamis 'international dollar' method.
Historical Context
This indicator is widely used by economists, policymakers, and international organizations to assess comparative economic development and competitiveness.
Key Facts
- Jordan's PPP-adjusted GDP per capita is about 26% of the U.S. level.
- The indicator has fluctuated between 0.24 and 0.29 over the past decade.
- PPP adjustments are important for accurate cross-country economic comparisons.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Jordan's purchasing power parity (PPP) converted GDP per capita relative to the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the comparative living standards and productivity between Jordan and the U.S., enabling more accurate cross-country economic assessments.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis 'international dollar' method for PPP conversion.
Q: How is this trend used in economic policy?
A: This indicator is widely used by economists, policymakers, and international organizations to assess comparative economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to occasional revisions and may have some delays in publication.
Related Trends
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Pakistan
PGD2USPKA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Norway
PGDPUSNOA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Libya
PGDPUSLYA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Nepal
PGD2USNPA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for St. Lucia
PGDPUSLCA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Georgia
PGD2USGEA621NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Jordan (PGD2USJOA621NUPN), retrieved from FRED.