Purchasing Power Parity over GDP for Afghanistan
PPPTTLAFA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.81
Year-over-Year Change
2175.69%
Date Range
1/1/1970 - 1/1/2010
Summary
The Purchasing Power Parity over GDP for Afghanistan measures the relative strength of the Afghan economy compared to other countries based on the cost of living and exchange rates.
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
This economic indicator compares the purchasing power of the Afghan currency to a reference currency, typically the U.S. dollar, by adjusting for differences in price levels between countries. It provides insight into the real purchasing power of Afghanistan's economic output.
Methodology
The data is calculated by the World Bank using price surveys and national accounts data.
Historical Context
Policymakers and analysts use this metric to assess Afghanistan's economic competitiveness and living standards relative to its trading partners.
Key Facts
- Afghanistan's PPP-adjusted GDP per capita was $2,071 in 2020.
- Afghanistan's PPP over GDP ratio was 0.618 in 2020, indicating lower purchasing power.
- Afghanistan's PPP over GDP has remained relatively stable since 2010.
FAQs
Q: What does this economic trend measure?
A: The Purchasing Power Parity over GDP for Afghanistan measures the relative strength of the Afghan economy compared to other countries based on the cost of living and exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the real purchasing power of Afghanistan's economic output, which is useful for assessing the country's economic competitiveness and living standards relative to its trading partners.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using price surveys and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Afghanistan's economic competitiveness and living standards relative to its trading partners.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent figures.
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Citation
U.S. Federal Reserve, Purchasing Power Parity over GDP for Afghanistan (PPPTTLAFA618NUPN), retrieved from FRED.