Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Swaziland
PGDPUSSZA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.26
Year-over-Year Change
-8.53%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) adjusted gross domestic product (GDP) per capita in Swaziland relative to the United States. It provides insights 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 Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Swaziland is an important indicator used by economists and policymakers to assess the relative economic performance and living standards between countries. It adjusts for differences in price levels to enable more accurate cross-country comparisons.
Methodology
The data is calculated using the Geary-Khamis (G-K) method, which is a type of multilateral PPP index.
Historical Context
This metric is widely used to evaluate economic competitiveness and guide policy decisions.
Key Facts
- Swaziland's GDP per capita is about 8% of the U.S. level.
- The G-K method adjusts for price level differences between countries.
- This metric is used to assess relative economic performance globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) adjusted gross domestic product (GDP) per capita in Swaziland relative to the United States. It provides insights into the comparative living standards and economic development between the two countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to evaluate economic competitiveness and guide policy decisions by providing a more accurate comparison of living standards and economic performance between countries.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis (G-K) method, which is a type of multilateral PPP index.
Q: How is this trend used in economic policy?
A: This metric is used to assess relative economic performance and living standards globally, informing decisions on trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: There may be delays in data availability, and the calculations rely on assumptions and data sources that can impact the accuracy of the metric.
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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 Swaziland (PGDPUSSZA621NUPN), retrieved from FRED.