Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Kyrgyzstan
RGDPL2KGA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,164.31
Year-over-Year Change
35.84%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures the purchasing power parity converted GDP per capita for Kyrgyzstan, derived from growth rates of domestic absorption. It provides insights into the country's overall economic performance and living standards.
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 Purchasing Power Parity Converted GDP Per Capita (Laspeyres) for Kyrgyzstan is a metric that adjusts the country's GDP per capita to account for differences in purchasing power across countries. This allows for more accurate cross-country comparisons of living standards and economic development.
Methodology
The data is calculated by the World Bank using growth rates of domestic absorption.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess Kyrgyzstan's economic progress and living conditions relative to other countries.
Key Facts
- Kyrgyzstan's 2021 GDP per capita (PPP) was $4,302.
- The country's GDP per capita has grown by 3.4% annually over the past decade.
- Kyrgyzstan ranks 118th globally in terms of GDP per capita (PPP).
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity converted GDP per capita for Kyrgyzstan, adjusting the country's GDP per capita to account for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a more accurate assessment of Kyrgyzstan's living standards and economic development compared to using unadjusted GDP per capita. It is widely used by economists, policymakers, and international organizations to evaluate the country's economic progress.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using growth rates of domestic absorption.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and international organizations to assess Kyrgyzstan's economic performance and living conditions relative to other countries, informing policy decisions and development strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with potential delays in the most recent year's figures. The methodology may also have limitations in accurately capturing purchasing power differences across countries.
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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 Kyrgyzstan (RGDPL2KGA625NUPN), retrieved from FRED.