Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Slovenia
RGDPTHSIA630NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.29
Year-over-Year Change
37.88%
Date Range
1/1/1990 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per hour worked in Slovenia. It provides insight into labor productivity and the relative standard of living in 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 Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees is an important indicator of economic performance and development. It compares the productivity of the Slovenian workforce to other countries, adjusting for differences in price levels.
Methodology
The data is calculated by the U.S. Federal Reserve using national accounts and labor force statistics.
Historical Context
Policymakers and analysts use this trend to evaluate Slovenia's economic competitiveness and living standards relative to its peers.
Key Facts
- Slovenia's GDP per hour worked was $36.00 in 2021.
- This represents a 44% increase since 2000.
- Slovenia ranks 23rd globally for GDP per hour worked.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per hour worked in Slovenia, providing insights into labor productivity and living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend is useful for evaluating Slovenia's economic competitiveness and the relative standard of living compared to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Slovenia's economic performance and guide decisions on productivity, labor, and living standards.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
Related Trends
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Singapore
RGDPTHSGA630NUPN
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Portugal
RGDPTHPTA630NUPN
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Czech Republic
RGDPTHCZA630NUPN
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Hong Kong SAR
RGDPTHHKA630NUPN
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for St. Lucia
RGDPTHLCA630NUPN
Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Luxembourg
RGDPTHLUA630NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per hour worked by employees for Slovenia (RGDPTHSIA630NUPN), retrieved from FRED.