Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Egypt
RGDPLPEGA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,852.64
Year-over-Year Change
42.99%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Egypt, derived from growth rates of consumption, government consumption, and investment.
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 PPP-converted GDP per capita metric adjusts for differences in price levels between countries, providing a more accurate comparison of living standards and economic productivity. This data series is widely used by economists and policymakers to analyze Egypt's economic development and living standards relative to other nations.
Methodology
The data is calculated by the World Bank using a Laspeyres index formula based on household consumption, government consumption, and investment growth rates.
Historical Context
This indicator is a key input for international economic comparisons and policy decisions affecting trade, aid, and development strategies.
Key Facts
- Egypt's PPP-adjusted GDP per capita was $13,258 in 2021.
- Egypt's PPP-adjusted GDP per capita has grown by over 50% since 2000.
- Egypt ranks 107th globally in PPP-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This metric measures Egypt's gross domestic product (GDP) per capita adjusted for differences in purchasing power parity (PPP) compared to other countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-adjusted GDP per capita is a key indicator of a country's living standards and economic productivity, enabling more accurate international comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a Laspeyres index formula based on growth rates of household consumption, government consumption, and investment.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Egypt's economic development, set aid and trade policies, and make international comparisons.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of about 1-2 years, and may not fully capture short-term economic fluctuations.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Egypt (RGDPLPEGA625NUPN), retrieved from FRED.