Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Lesotho
RGDPCHLSA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,394.74
Year-over-Year Change
43.69%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Lesotho 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 series provides a standardized measure of living standards that allows for cross-country comparisons. It is a key indicator used by economists and policymakers to assess economic development and living conditions.
Methodology
The data is calculated by the World Bank using market exchange rates and purchasing power parity (PPP) conversion factors.
Historical Context
This metric is widely referenced in international economic analyses and policy discussions.
Key Facts
- Lesotho's GDP per capita in 2021 was $2,767.
- Lesotho's GDP per capita has grown by 42% over the past decade.
- Lesotho ranks 161st globally in GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total economic output of Lesotho divided by its population, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a standardized way to compare living standards and economic development across countries, which is crucial for international economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using market exchange rates and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This indicator is widely referenced in discussions of international economic policies, development strategies, and cross-country comparisons of living standards.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Lesotho (RGDPCHLSA625NUPN), retrieved from FRED.