Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Afghanistan
RGDPCHAFA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,048.60
Year-over-Year Change
113.62%
Date Range
1/1/1970 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Afghanistan measures the country's economic output per person, adjusted for differences in purchasing power across 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
This metric provides a more accurate comparison of living standards and economic development across nations by accounting for price level differences. It is a key indicator used by economists and policymakers to evaluate Afghanistan's economic performance and living conditions relative to other countries.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This economic indicator is widely used to inform international development policies and investment decisions.
Key Facts
- Afghanistan's GDP per capita was $1,876 in 2021.
- Afghanistan's GDP per capita has grown by 44% since 2010.
- Afghanistan ranks 167th globally in GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This metric measures Afghanistan's gross domestic product (GDP) per capita, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a more accurate comparison of living standards and economic development in Afghanistan relative to other nations.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This metric is widely used to inform international development policies and investment decisions affecting Afghanistan.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the World Bank.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Afghanistan (RGDPCHAFA625NUPN), retrieved from FRED.