Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Swaziland
RGDPLPSZA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,680.75
Year-over-Year Change
0.27%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Swaziland, derived from growth rates of consumption, government consumption, and investment. It provides insights into the economic productivity and living standards 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 PPP-converted GDP per capita is an important metric used to compare the economic output and standard of living across different countries, adjusting for differences in price levels. This trend offers a more accurate representation of Swaziland's economic performance compared to using official exchange rates.
Methodology
The data is collected and calculated by the World Bank using the Laspeyres method.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to evaluate Swaziland's economic development and make cross-country comparisons.
Key Facts
- Swaziland's PPP-converted GDP per capita was $9,174 in 2021.
- The trend has been steadily increasing over the past decade.
- Swaziland's PPP GDP per capita is below the global average.
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 Swaziland, derived from growth rates of consumption, government consumption, and investment.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important metric for evaluating Swaziland's economic performance and living standards, as it provides a more accurate comparison across countries by adjusting for differences in price levels.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the Laspeyres method.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess Swaziland's economic development and make cross-country comparisons.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the release of the latest figures.
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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 Swaziland (RGDPLPSZA625NUPN), retrieved from FRED.