Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Malta
RGDPCHMTA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,850.39
Year-over-Year Change
20.71%
Date Range
1/1/1970 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Malta measures the economic output per person in Malta, 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 metric for comparing Malta's economic productivity and living standards to other nations. It is a key indicator used by economists, policymakers, and international institutions to assess Malta's economic development and competitiveness.
Methodology
The data is calculated by the World Bank using a purchasing power parity (PPP) conversion to account for price level differences across countries.
Historical Context
This metric is widely referenced in economic analysis, policy discussions, and market research on the Maltese economy.
Key Facts
- Malta's GDP per capita (PPP) was $42,462 in 2021.
- Malta's GDP per capita (PPP) has grown by over 60% since 2000.
- Malta ranks among the top 25 highest GDP per capita (PPP) countries globally.
FAQs
Q: What does this economic trend measure?
A: This metric measures Malta's GDP per capita, adjusted for differences in purchasing power between countries using a standardized international comparison.
Q: Why is this trend relevant for users or analysts?
A: This data provides a reliable indicator of Malta's economic productivity and living standards relative to other nations, which is crucial for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a purchasing power parity (PPP) conversion to account for price level differences across countries.
Q: How is this trend used in economic policy?
A: This metric is widely referenced in economic analysis, policy discussions, and market research on the Maltese economy, as it offers insights into the country's competitiveness and development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a delay of approximately 1-2 years.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Malta (RGDPCHMTA625NUPN), retrieved from FRED.