Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Cameroon
RGDPCHCMA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,748.11
Year-over-Year Change
10.46%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the Purchasing Power Parity (PPP) converted GDP per capita for Cameroon, adjusting for differences in price levels across countries. It provides a more accurate comparison of living standards and economic productivity than using market 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
The PPP-converted GDP per capita metric allows for meaningful cross-country comparisons of economic output and living standards by accounting for differences in the cost of living. This data series is a valuable tool for economists and policymakers analyzing global development and economic growth.
Methodology
The data is calculated by the World Bank using detailed price surveys and national accounts data.
Historical Context
This metric is widely used by international organizations, governments, and analysts to assess economic performance and living standards across countries.
Key Facts
- Cameroon's 2021 PPP-adjusted GDP per capita was $3,590.
- PPP adjustments raise Cameroon's GDP per capita by over 50% compared to market exchange rates.
- Cameroon ranks 147th globally in PPP-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Purchasing Power Parity (PPP) converted GDP per capita for Cameroon, adjusting for differences in price levels across countries to provide a more accurate comparison of living standards and economic productivity.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita metric is a valuable tool for economists and policymakers analyzing global development and economic growth, as it allows for meaningful cross-country comparisons of economic output and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using detailed price surveys and national accounts data.
Q: How is this trend used in economic policy?
A: This metric is widely used by international organizations, governments, and analysts to assess economic performance and living standards across countries.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more information becomes available.
Related Trends
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Nepal
RGDPL2NPA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Cuba
RGDPCHCUA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Chile
RGDPCHCLA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Tonga
RGDPLPTOA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Bhutan
RGDPCHBTA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Equatorial Guinea
RGDPLPGQA625NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Cameroon (RGDPCHCMA625NUPN), retrieved from FRED.