Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Tajikistan
PLGDPOTJA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
5.05%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the price level of real GDP in Tajikistan based on purchasing power parity (PPP) relative to the exchange rate. It provides insights into the affordability of Tajikistan's economic output compared to other 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 price level of output-side real GDP at current purchasing power parities (PPP) compares the domestic purchasing power of a country's currency to its exchange rate. This helps assess the real cost of goods and services produced in Tajikistan relative to the global market.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This metric is used by economists and policymakers to evaluate Tajikistan's economic competitiveness and living standards compared to other nations.
Key Facts
- Tajikistan's price level of real GDP was 31.9% of the U.S. level in 2021.
- The PPP-adjusted price level has increased over time as Tajikistan's economy has developed.
- Tajikistan ranks among the lower-middle income countries by this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price level of real GDP in Tajikistan based on purchasing power parity (PPP) relative to the exchange rate. It provides insights into the affordability of Tajikistan's economic output compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to evaluate Tajikistan's economic competitiveness and living standards compared to other nations.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric is used to assess the real cost of goods and services produced in Tajikistan relative to the global market, informing economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most recent economic conditions in Tajikistan.
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Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Tajikistan (PLGDPOTJA670NRUG), retrieved from FRED.