Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Swaziland

RGDPL2SZA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,757.47

Year-over-Year Change

2.70%

Date Range

1/1/1970 - 1/1/2010

Summary

This trend measures the purchasing power parity (PPP) converted GDP per capita for Swaziland, derived from growth rates of domestic absorption. It provides insights into the country's economic productivity and living standards relative to other nations.

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 offers a standardized way to compare the economic output and development of Swaziland with other countries, adjusting for differences in price levels. It is a valuable metric for policymakers and economists analyzing cross-country economic performance.

Methodology

The data is calculated using the Laspeyres index method based on growth rates of domestic absorption.

Historical Context

This metric is widely used by international organizations, governments, and analysts to assess economic growth and living standards across countries.

Key Facts

  • Swaziland's GDP per capita in 2020 was $6,336 (PPP).
  • GDP per capita growth in Swaziland averaged 1.8% from 2010-2020.
  • Swaziland ranks 125th globally in GDP per capita (PPP).

FAQs

Q: What does this economic trend measure?

A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Swaziland, which provides a standardized way to compare the country's economic productivity and living standards relative to other nations.

Q: Why is this trend relevant for users or analysts?

A: This metric is widely used by policymakers, economists, and international organizations to assess cross-country economic performance and living standards.

Q: How is this data collected or calculated?

A: The data is calculated using the Laspeyres index method based on growth rates of domestic absorption.

Q: How is this trend used in economic policy?

A: This metric is used by governments, international organizations, and analysts to compare economic growth and living standards across countries, informing policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to periodic updates, and there may be delays or limitations in data availability for certain countries or time periods.

Related Trends

Citation

U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Swaziland (RGDPL2SZA625NUPN), retrieved from FRED.