Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Tajikistan
RGDPLPTJA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,764.82
Year-over-Year Change
66.14%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic indicator measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Tajikistan, derived from growth rates of consumption, government consumption, and investment. It provides insights into the standard of living and productivity in the Tajik economy.
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) metric adjusts the GDP per capita figures to account for differences in purchasing power across countries, enabling more accurate comparisons of economic well-being. This trend is widely used by economists and policymakers to evaluate economic development and living standards.
Methodology
The data is calculated by the World Bank using growth rates of key national accounts components.
Historical Context
This metric informs economic and development policies aimed at improving living standards and productivity in Tajikistan.
Key Facts
- Tajikistan's PPP-adjusted GDP per capita was $3,447 in 2021.
- GDP per capita in Tajikistan has grown by an average of 5.7% annually over the past decade.
- Tajikistan ranks 131st globally in terms of PPP-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Tajikistan, adjusting for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the standard of living and economic productivity in Tajikistan, enabling more accurate cross-country comparisons than using nominal GDP per capita.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using growth rates of key national accounts components like consumption, government spending, and investment.
Q: How is this trend used in economic policy?
A: This metric informs economic and development policies aimed at improving living standards and productivity in Tajikistan.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of about two years.
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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 Tajikistan (RGDPLPTJA625NUPN), retrieved from FRED.