Producer Prices Index: Investments Goods: Total for the European Union
Annual
PITGVG01EUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.82
Year-over-Year Change
9.65%
Date Range
1/1/2000 - 1/1/2019
Summary
The Annual Gross Domestic Product (GDP) per Capita trend measures the average economic output per person in the United States. It is a key indicator of overall economic performance and living standards.
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 Annual GDP per Capita series represents the total economic output of the United States divided by the total population, providing a standardized measure of the average income and productivity of the country's residents.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and population statistics.
Historical Context
This metric is widely used by economists, policymakers, and investors to assess the health and development of the U.S. economy.
Key Facts
- The U.S. Annual GDP per Capita was $63,593 in 2021.
- GDP per capita has grown by over 50% in the last 20 years.
- The U.S. ranks among the top 10 countries globally for GDP per capita.
FAQs
Q: What does this economic trend measure?
A: The Annual GDP per Capita trend measures the average economic output or income per person in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of a country's overall economic performance and living standards, making it highly relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and population statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and development of the U.S. economy, and to inform decisions around fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The Annual GDP per Capita data is typically released with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
Producer Prices Index: Domestic Consumer Goods for the European Union
PITGCG02EUA661N
Unemployment Rate: Aged 15-74: Males for the European Union
LRUN74MAEUQ156S
Imports: Value Goods for the European Union
XTIMVA01EUM667S
Harmonized Index of Consumer Prices: Restaurants and Hotels for European Union (27 Countries from 2020)
CP1100EU272020M086NEST
Harmonized Index of Consumer Prices: Spirits for European Union
CP0211EUCCM086NEST
Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Euro Area (19 Countries)
FUELS0EZ19M086NEST
Citation
U.S. Federal Reserve, Annual Gross Domestic Product (GDP) per Capita (PITGVG01EUA661N), retrieved from FRED.