Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Tunisia
PGD2USTNA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.03
Year-over-Year Change
32.19%
Date Range
1/1/1961 - 1/1/2010
Summary
This trend measures Tunisia's purchasing power parity (PPP) converted GDP per capita relative to the United States. It provides insights into the economic development and living standards of the Tunisian population compared to the U.S.
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 between countries, allowing for more accurate comparisons of economic output and living standards. This trend is a valuable indicator for policymakers and economists analyzing Tunisia's economic performance and convergence with developed economies.
Methodology
The data is calculated using the GEKS-CPDW method, which combines price and volume comparisons across countries.
Historical Context
This metric is widely used to assess the relative economic strength and living standards of different countries.
Key Facts
- Tunisia's PPP-converted GDP per capita is about 30% of the U.S. level.
- This trend has shown gradual improvement over the past two decades.
- Relative to the U.S., Tunisia's living standards are lower but have been converging.
FAQs
Q: What does this economic trend measure?
A: This trend measures Tunisia's purchasing power parity (PPP) converted GDP per capita relative to the United States. It provides insights into the economic development and living standards of the Tunisian population compared to the U.S.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to assess the relative economic strength and living standards of different countries, allowing for more accurate international comparisons.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, which combines price and volume comparisons across countries.
Q: How is this trend used in economic policy?
A: This trend is a valuable indicator for policymakers and economists analyzing Tunisia's economic performance and convergence with developed economies.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the FRED database.
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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 Tunisia (PGD2USTNA621NUPN), retrieved from FRED.