Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Uzbekistan
RGDPLPUZA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,678.51
Year-over-Year Change
83.57%
Date Range
1/1/1990 - 1/1/2010
Summary
This economic indicator measures Uzbekistan's purchasing power parity (PPP) adjusted GDP per capita, derived from growth rates of consumption, government spending, 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 traditional GDP figures to account for differences in relative prices across countries, providing a more accurate comparison of living standards. This is a key statistic for evaluating Uzbekistan's economic development and performance.
Methodology
The data is calculated by the World Bank using a Laspeyres methodology.
Historical Context
This trend is widely used by economists, policymakers, and international institutions to assess Uzbekistan's economic progress and living standards.
Key Facts
- Uzbekistan's PPP-adjusted GDP per capita was $7,585 in 2021.
- This metric has grown at an average annual rate of 4.7% over the past decade.
- Uzbekistan's PPP GDP per capita is around 25% of the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Uzbekistan's purchasing power parity (PPP) adjusted GDP per capita, which accounts for differences in relative prices to provide a more accurate comparison of living standards across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key statistic for evaluating Uzbekistan's economic development and living standards, and is widely used by economists, policymakers, and international institutions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a Laspeyres methodology.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and international institutions to assess Uzbekistan's economic progress and living standards, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication lags and revisions common for macroeconomic indicators.
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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 Uzbekistan (RGDPLPUZA625NUPN), retrieved from FRED.