Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Indonesia
PGDPUSIDA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.26
Year-over-Year Change
17.03%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures Indonesia's gross domestic product (GDP) per capita relative to the United States, adjusted for purchasing power parity. It provides insight into the comparative living standards and economic development 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 purchasing power parity (PPP) converted GDP per capita metric allows for cross-country comparisons of living standards and economic productivity by accounting for differences in price levels. This trend is a key indicator used by economists and policymakers to assess a country's economic performance and development.
Methodology
The data is calculated using the Geary-Khamis (G-K) method, which adjusts for price level differences between countries.
Historical Context
This trend is widely referenced in international economic analysis and policy discussions.
Key Facts
- Indonesia's GDP per capita is around 13% of the U.S. level.
- Indonesia's relative GDP per capita has increased over the past two decades.
- Purchasing power parity adjustment is crucial for accurate cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This trend measures Indonesia's gross domestic product (GDP) per capita 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 important insights into the comparative living standards and economic development between Indonesia and the United States, which is useful for international economic analysis and policy discussions.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis (G-K) method, which adjusts for price level differences between countries.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by economists and policymakers to assess a country's economic performance and development relative to other major economies.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the most recent data, and the methodology used to calculate this trend is subject to ongoing refinements.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Indonesia (PGDPUSIDA621NUPN), retrieved from FRED.