Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Malaysia
RGDPLPMYA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,961.50
Year-over-Year Change
41.23%
Date Range
1/1/1955 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) adjusted gross domestic product (GDP) per capita for Malaysia, 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 purchasing power across countries, providing a more accurate comparison of living standards and economic productivity than market exchange rates.
Methodology
The data is calculated by the Federal Reserve using growth rates of key economic components.
Historical Context
This trend is widely used by policymakers, economists, and investors to assess Malaysia's economic development and compare it to other countries.
Key Facts
- Malaysia's PPP-adjusted GDP per capita was $31,020 in 2021.
- Malaysia's economy has grown at an average annual rate of 5.4% over the past decade.
- PPP-adjusted GDP provides a more accurate comparison of living standards across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) adjusted gross domestic product (GDP) per capita for Malaysia, which accounts for differences in prices across countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-adjusted GDP per capita provides a more accurate assessment of a country's economic productivity and living standards compared to using market exchange rates alone.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using growth rates of key economic components like consumption, government spending, and investment.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this metric to evaluate Malaysia's economic development and compare it to other countries.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be some delays in the most recent figures being published.
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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 Malaysia (RGDPLPMYA625NUPN), retrieved from FRED.