Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Belarus
RGDPL2BYA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,055.76
Year-over-Year Change
164.85%
Date Range
1/1/1994 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Laspeyres) trend provides a measure of Belarus's economic output and living standards relative to other countries. It is a key indicator for policymakers and economists assessing the nation's development.
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 represents the Gross Domestic Product per capita in Belarus, adjusted for differences in purchasing power across countries using Laspeyres indices. It is a valuable metric for cross-country comparisons of economic performance and living standards.
Methodology
The data is calculated based on growth rates of domestic absorption for Belarus.
Historical Context
This trend is widely used by institutions and analysts to evaluate Belarus's economic progress and competitiveness.
Key Facts
- Belarus's GDP per capita was $18,871 in 2021.
- GDP per capita in Belarus has grown by over 50% since 2000.
- Belarus ranks 51st globally in terms of purchasing power-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures Belarus's Gross Domestic Product per capita, adjusted for differences in purchasing power across countries using Laspeyres indices.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Belarus's economic performance and living standards relative to other nations, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated based on growth rates of domestic absorption for Belarus.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, institutions, and analysts to assess Belarus's economic progress and competitiveness on the global stage.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates, and there may be some delays in reporting due to the complexities of cross-country comparisons.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Belarus (RGDPL2BYA625NUPN), retrieved from FRED.