Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Comoros
RGDPLPKMA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
856.20
Year-over-Year Change
-17.97%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Comoros, 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 is an important indicator of a country's economic development and living standards. It allows for more accurate cross-country comparisons by accounting for differences in price levels and cost of living.
Methodology
The data is calculated by the World Bank using the Laspeyres method.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to assess economic performance and living conditions.
Key Facts
- Comoros is a small island nation in the Indian Ocean.
- GDP per capita is an important measure of economic well-being.
- PPP adjustment accounts for cost-of-living differences across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Comoros, adjusting for differences in price levels and cost of living.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita is a widely used indicator of a country's economic development and living standards, allowing for more accurate cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Laspeyres method.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and international organizations to assess economic performance and living conditions in Comoros.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological constraints of the World Bank.
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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 Comoros (RGDPLPKMA625NUPN), retrieved from FRED.