Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Indonesia
RGDPCHIDA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,966.04
Year-over-Year Change
47.40%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Indonesia measures the economic output per person in Indonesia, adjusted for differences in purchasing power between 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 indicator provides a standardized way to compare living standards and economic productivity across nations by accounting for price level differences. It is a key metric used by economists and policymakers to assess a country's economic development and living standards relative to other countries.
Methodology
The data is calculated by the World Bank using a purchasing power parity (PPP) conversion factor and real GDP in constant 2017 international dollars.
Historical Context
This metric is widely used to evaluate economic performance and make international comparisons.
Key Facts
- Indonesia's GDP per capita in 2021 was $13,462.
- Indonesia's GDP per capita has grown by over 300% since 1990.
- Indonesia ranks 92nd globally in GDP per capita at PPP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the economic output per person in Indonesia, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for more accurate international comparisons of living standards and economic productivity by accounting for price level differences between countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a purchasing power parity (PPP) conversion factor and real GDP in constant 2017 international dollars.
Q: How is this trend used in economic policy?
A: This indicator is widely used by economists and policymakers to evaluate economic performance and living standards relative to other countries.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture rapid economic changes within a given year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Indonesia (RGDPCHIDA625NUPN), retrieved from FRED.