Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Swaziland
RGDPCHSZA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,692.33
Year-over-Year Change
1.14%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures Swaziland's purchasing power parity (PPP) converted gross domestic product (GDP) per capita, providing insight into the country's economic well-being and standard of living.
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 is an important metric for cross-country comparisons, as it accounts for differences in cost of living and purchasing power, offering a more accurate representation of living standards than nominal GDP per capita.
Methodology
The data is calculated by the World Bank using underlying GDP and population figures.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to assess economic development and living standards across countries.
Key Facts
- Swaziland's PPP-converted GDP per capita was $7,462 in 2021.
- This metric has increased by over 250% since 1990.
- Swaziland ranks 126th globally in PPP-converted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures Swaziland's purchasing power parity (PPP) converted gross domestic product (GDP) per capita, which provides a more accurate representation of living standards than nominal GDP per capita.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita is an important metric for cross-country comparisons, as it accounts for differences in cost of living and purchasing power, offering insights into economic development and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using underlying GDP and population figures.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to assess and compare economic development and living standards across countries.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Swaziland (RGDPCHSZA625NUPN), retrieved from FRED.