Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Chad
RGDPLPTDA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,331.75
Year-over-Year Change
71.76%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Chad, derived from growth rates of consumption, government consumption, and investment. It provides insights into Chad's economic development and living standards relative to other countries.
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 Purchasing Power Parity Converted GDP Per Capita (Laspeyres) trend represents the value of goods and services produced in Chad, adjusted for differences in price levels between Chad and the United States. This metric is useful for cross-country comparisons of living standards and economic performance.
Methodology
The data is calculated using the Laspeyres method, which applies fixed base-year weights to current-year quantities.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to analyze economic conditions and development in Chad.
Key Facts
- Chad's 2021 GDP per capita (PPP) was $1,902.
- Chad's GDP per capita (PPP) has grown by an average of 1.8% annually over the past decade.
- Chad is classified as a low-income country by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Chad, derived from growth rates of consumption, government consumption, and investment.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Chad's economic development and living standards relative to other countries, which is useful for cross-country comparisons and analysis of economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated using the Laspeyres method, which applies fixed base-year weights to current-year quantities.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to analyze economic conditions and development in Chad.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying sources used in its calculation.
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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 Chad (RGDPLPTDA625NUPN), retrieved from FRED.