Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Poland
PLGDPOPLA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.49
Year-over-Year Change
-17.00%
Date Range
1/1/1970 - 1/1/2019
Summary
This trend measures the price level of Poland's output-side real GDP adjusted for purchasing power parity (PPP) relative to the exchange rate. It provides insight into the cost of goods and services in Poland compared to international 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 price level of output-side real GDP at current PPPs compares the purchasing power of a country's currency to the U.S. dollar, which is used as the reference. This metric helps economists assess a country's standard of living and international competitiveness.
Methodology
The data is calculated by the OECD using national accounts and exchange rate information.
Historical Context
Policymakers and analysts use this trend to evaluate Poland's economic performance and make cross-country comparisons.
Key Facts
- Poland's price level was 57.4% of the U.S. level in 2020.
- The PPP-adjusted GDP per capita in Poland was $32,831 in 2020.
- Poland's price level has gradually converged toward the U.S. level since the 1990s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of Poland's output-side real GDP, adjusted for purchasing power parity (PPP) relative to the exchange rate.
Q: Why is this trend relevant for users or analysts?
A: This metric helps economists assess Poland's standard of living and international competitiveness by comparing the purchasing power of its currency to the U.S. dollar.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and exchange rate information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Poland's economic performance and make cross-country comparisons.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
Related Trends
Exchange Rate (market+estimated) for Bahamas
XRNCUSBSA618NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for United Kingdom
PLGDPOGBA670NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Angola
PLGDPOAOA670NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Burundi
PLGDPOBIA670NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Egypt
PLGDPOEGA670NRUG
Exchange Rate (market+estimated) for Comoros
XRNCUSKMA618NRUG
Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Poland (PLGDPOPLA670NRUG), retrieved from FRED.