Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Indonesia
RGDPLPIDA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,965.80
Year-over-Year Change
47.42%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the purchasing power parity (PPP) adjusted GDP per capita for Indonesia, a key indicator of economic development 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 PPP-converted GDP per capita metric adjusts for differences in price levels across countries, allowing for more accurate comparisons of living standards. It is a widely used statistic for assessing economic progress and informing policy decisions.
Methodology
The data is calculated based on growth rates of consumption, government spending, and investment.
Historical Context
This metric is vital for policymakers and economists analyzing Indonesia's economic performance and growth trajectory.
Key Facts
- Indonesia's PPP-adjusted GDP per capita was $13,206 in 2021.
- The PPP metric accounts for cost-of-living differences across countries.
- GDP per capita is a key measure of economic development and living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) adjusted GDP per capita for Indonesia, which accounts for differences in price levels to provide a more accurate comparison of living standards.
Q: Why is this trend relevant for users or analysts?
A: The PPP-adjusted GDP per capita is a vital metric for assessing a country's economic performance and development, informing policymakers and economists on living standards and growth trajectories.
Q: How is this data collected or calculated?
A: The data is calculated based on growth rates of consumption, government spending, and investment.
Q: How is this trend used in economic policy?
A: This metric is crucial for policymakers and economists analyzing Indonesia's economic progress and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions of the underlying sources.
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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 Indonesia (RGDPLPIDA625NUPN), retrieved from FRED.