Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Puerto Rico
RGDPCHPRA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,818.47
Year-over-Year Change
2.65%
Date Range
1/1/1950 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Puerto Rico measures the total economic output per person in Puerto Rico, 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 economic indicator provides a standardized way to compare living standards and economic productivity between Puerto Rico and other countries or regions. It is widely used by economists, policymakers, and international organizations to assess economic development and make cross-country comparisons.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and price data.
Historical Context
This metric is important for evaluating Puerto Rico's economic performance and competitiveness within the global economy.
Key Facts
- Puerto Rico's GDP per capita was $34,500 in 2020.
- GDP per capita in Puerto Rico is about 60% of the U.S. mainland average.
- Puerto Rico's GDP per capita has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total economic output per person in Puerto Rico, adjusted for differences in purchasing power across countries. It provides a standardized way to compare living standards and economic productivity.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating Puerto Rico's economic performance and competitiveness within the global economy. It is widely used by economists, policymakers, and international organizations to assess economic development and make cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and price data.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and international organizations to assess Puerto Rico's economic development and make cross-country comparisons. It informs decisions related to economic policy, investment, and resource allocation.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have some delays in publication, but it generally provides a reliable and up-to-date measure of Puerto Rico's economic performance.
Related Trends
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Comoros
RGDPL2KMA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Thailand
RGDPCHTHA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Albania
RGDPL2ALA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Uganda
RGDPL2UGA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Nigeria
RGDPCHNGA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Mozambique
RGDPLPMZA625NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Puerto Rico (RGDPCHPRA625NUPN), retrieved from FRED.