Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Netherlands
PGD2USNLA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.46
Year-over-Year Change
4.45%
Date Range
1/1/1950 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita Relative to the United States measures the economic productivity and standard of living in the Netherlands compared to the U.S. This metric is crucial for economists and policymakers to assess cross-country differences in living standards and competitiveness.
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
This series compares the Gross Domestic Product per capita in the Netherlands to the United States, adjusting for differences in purchasing power. It provides a more accurate gauge of relative economic well-being than market exchange rates alone.
Methodology
The data is calculated using the Geary-Khamis purchasing power parity (PPP) method.
Historical Context
This metric is widely used by international organizations, governments, and analysts to evaluate economic performance and living standards across countries.
Key Facts
- The Netherlands' GDP per capita was 95.6% of the U.S. level in 2020.
- This metric has increased from 79.4% of the U.S. level in 1990.
- The data is updated annually by the OECD.
FAQs
Q: What does this economic trend measure?
A: This metric measures the Gross Domestic Product per capita in the Netherlands relative to the United States, adjusted for differences in purchasing power between the two countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a more accurate comparison of living standards and economic productivity between the Netherlands and the U.S. than using market exchange rates alone.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis purchasing power parity (PPP) method.
Q: How is this trend used in economic policy?
A: This metric is widely used by international organizations, governments, and analysts to evaluate economic performance and living standards across countries.
Q: Are there update delays or limitations?
A: The data is updated annually by the OECD.
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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 Netherlands (PGD2USNLA621NUPN), retrieved from FRED.