Purchasing Power Parity over GDP for Mauritania
PPPTTLMRA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.00
Year-over-Year Change
28.26%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity over GDP for Mauritania measures the country's relative purchasing power and economic productivity compared to the United States. It is a key indicator for assessing Mauritania's economic development 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 Purchasing Power Parity (PPP) over GDP metric compares the GDP of Mauritania to the GDP of the United States, adjusting for differences in the cost of living and purchasing power. This provides a more accurate assessment of Mauritania's economic output and standard of living relative to the U.S.
Methodology
The data is calculated by the World Bank using market exchange rates and price surveys.
Historical Context
Policymakers and analysts use this PPP measure to evaluate Mauritania's economic performance and competitiveness.
Key Facts
- Mauritania's PPP over GDP was 0.31 in 2021.
- The PPP measure indicates Mauritania's living standards are about 31% of the U.S. level.
- Mauritania's PPP over GDP has increased from 0.25 in 2000, showing gradual economic progress.
FAQs
Q: What does this economic trend measure?
A: The Purchasing Power Parity (PPP) over GDP for Mauritania measures the country's economic output and living standards relative to the United States.
Q: Why is this trend relevant for users or analysts?
A: The PPP over GDP provides a more accurate assessment of Mauritania's economic development and competitiveness compared to using market exchange rates alone.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using market exchange rates and price surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the PPP over GDP measure to evaluate Mauritania's economic performance and living standards compared to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with some delay, and may not fully capture rapid economic changes within a given year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity over GDP for Mauritania (PPPTTLMRA618NUPN), retrieved from FRED.