Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Cambodia
PPCGDPKHA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,454.34
Year-over-Year Change
229.52%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic indicator measures Cambodia's purchasing power parity-adjusted GDP per capita using the Geary-Khamis (G-K) method at current prices. It provides insights into Cambodia's economic development and standard of living relative 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
Purchasing power parity (PPP) conversion adjusts GDP to account for differences in price levels across countries, allowing for more accurate comparisons of economic output and living standards. The G-K method is a specific PPP calculation technique used by the World Bank.
Methodology
The data is collected and calculated by the World Bank using established PPP conversion factors.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to analyze Cambodia's economic performance and progress.
Key Facts
- Cambodia's GDP per capita (PPP) was $4,555 in 2021.
- Cambodia's GDP per capita (PPP) has grown by over 300% since 2000.
- Cambodia ranks 144th globally in GDP per capita (PPP) as of 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Cambodia's GDP per capita adjusted for differences in purchasing power across countries using the Geary-Khamis method.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate comparison of Cambodia's economic output and living standards relative to other nations, enabling better analysis of its economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using established purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and international organizations use this metric to assess Cambodia's economic performance and progress, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may not fully capture short-term economic fluctuations.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Cambodia (PPCGDPKHA620NUPN), retrieved from FRED.