Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Malaysia
PGD2USMYA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.79
Year-over-Year Change
38.71%
Date Range
1/1/1955 - 1/1/2010
Summary
This economic trend measures Malaysia's purchasing power parity (PPP) converted GDP per capita relative to the United States. It provides insights into the comparative living standards and economic 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-converted GDP per capita metric adjusts for differences in price levels across countries, allowing for more accurate cross-country comparisons of material living standards. This trend is a valuable indicator for economists and policymakers analyzing Malaysia's economic development and competitiveness.
Methodology
The data is calculated using the Geary-Khamis (GEKS-CPDW) method by the World Bank.
Historical Context
This metric informs discussions around trade, investment, and economic policy between Malaysia and the U.S.
Key Facts
- Malaysia's PPP-adjusted GDP per capita is around 25% of the U.S. level.
- This metric has increased steadily over the past two decades as Malaysia's economy has grown.
- Comparing PPP-adjusted GDP provides a more accurate picture of relative living standards than using exchange rates alone.
FAQs
Q: What does this economic trend measure?
A: This trend measures Malaysia's purchasing power parity (PPP) converted GDP per capita relative to the United States. It provides insights into the comparative living standards and economic productivity between the two countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita metric is valuable for economists and policymakers analyzing Malaysia's economic development and competitiveness compared to the U.S.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis (GEKS-CPDW) method by the World Bank.
Q: How is this trend used in economic policy?
A: This metric informs discussions around trade, investment, and economic policy between Malaysia and the U.S.
Q: Are there update delays or limitations?
A: The data may have update delays of several months due to the complex methodology used to calculate PPP-adjusted GDP.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Malaysia (PGD2USMYA621NUPN), retrieved from FRED.