Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for China
2005 International Dollars per Person, Annual, Not Seasonally Adjusted
RGDP2LCNA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,746.07
Year-over-Year Change
170.17%
Date Range
1/1/1952 - 1/1/2010
Summary
This economic trend measures real GDP per capita in the United States, providing insights into the country's economic development and living standards over time.
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 2005 International Dollars per Person measure represents the real GDP per capita in the U.S., adjusted for purchasing power parity and expressed in 2005 international dollars. This metric is widely used by economists and policymakers to assess a country's economic performance and living standards relative to other nations.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and population data.
Historical Context
This trend is crucial for evaluating the U.S. economy's growth and competitiveness in global markets.
Key Facts
- The U.S. ranked 8th globally in real GDP per capita in 2021.
- Real GDP per person in the U.S. grew by 1.4% annually from 2010 to 2020.
- The U.S. accounts for over 15% of global GDP based on purchasing power parity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real GDP per capita in the United States, adjusted for purchasing power parity and expressed in 2005 international dollars.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess a country's economic performance and living standards relative to other nations.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and population data.
Q: How is this trend used in economic policy?
A: This trend is crucial for evaluating the U.S. economy's growth and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data is published annually with no major update delays or limitations.
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Citation
U.S. Federal Reserve, 2005 International Dollars per Person, Annual, Not Seasonally Adjusted (RGDP2LCNA625NUPN), retrieved from FRED.