Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Tajikistan
RGDPL2TJA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,745.87
Year-over-Year Change
61.82%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures the purchasing power parity-adjusted gross domestic product per capita for Tajikistan, derived from growth rates of domestic absorption. It provides insights into the standard of living and economic development of the country.
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) series represents the real GDP per capita in Tajikistan, adjusted for differences in purchasing power across countries. This metric is useful for cross-country comparisons of living standards and economic performance.
Methodology
The data is calculated using the Laspeyres method, which derives GDP per capita growth rates from domestic absorption.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to analyze economic growth and development in Tajikistan.
Key Facts
- Tajikistan's GDP per capita was $3,416 in 2021.
- The country has experienced steady economic growth since the early 2000s.
- Purchasing power parity adjustments account for cost-of-living differences across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity-adjusted gross domestic product per capita for Tajikistan, derived from growth rates of domestic absorption.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for cross-country comparisons of living standards and economic performance, providing insights into the economic development of Tajikistan.
Q: How is this data collected or calculated?
A: The data is calculated using the Laspeyres method, which derives GDP per capita growth rates from domestic absorption.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to analyze economic growth and development in Tajikistan.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timing of underlying source information from Tajikistan.
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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 Tajikistan (RGDPL2TJA625NUPN), retrieved from FRED.