Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Moldova
RGDPL2MDA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,611.17
Year-over-Year Change
53.13%
Date Range
1/1/1992 - 1/1/2010
Summary
This economic indicator measures the Purchasing Power Parity (PPP) converted GDP per capita for Moldova, derived from growth rates of domestic absorption. It provides insights into the country's standard of living and economic 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
The Purchasing Power Parity Converted GDP Per Capita (Laspeyres) trend represents Moldova's GDP per capita adjusted for differences in purchasing power across countries. This metric is useful for cross-country comparisons of living standards and economic output.
Methodology
The data is calculated using growth rates of domestic absorption, which includes consumption, investment, and government spending.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to analyze Moldova's economic performance and benchmark its development against other nations.
Key Facts
- Moldova's GDP per capita (PPP) was $13,764 in 2021.
- The country's GDP per capita has grown by an average of 4.2% annually over the past decade.
- Moldova is classified as an upper-middle-income economy by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures Moldova's Purchasing Power Parity (PPP) converted GDP per capita, which provides insights into the country's standard of living and economic development.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for cross-country comparisons of living standards and economic output, as it adjusts for differences in purchasing power across countries.
Q: How is this data collected or calculated?
A: The data is calculated using growth rates of domestic absorption, which includes consumption, investment, and government spending.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to analyze Moldova's economic performance and benchmark its development against other nations.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, but there may be occasional delays or revisions due to the complexity of the calculations.
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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 Moldova (RGDPL2MDA625NUPN), retrieved from FRED.