Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Malaysia

PCDGDPMYA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

11,398.45

Year-over-Year Change

112.53%

Date Range

1/1/1955 - 1/1/2010

Summary

This economic trend measures the purchasing power parity-adjusted domestic absorption per capita in Malaysia, providing insights into the country's overall economic activity and standard of living.

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 Domestic Absorption Per Capita metric represents the average spending on goods and services by individuals in Malaysia, adjusted for differences in purchasing power. It is a key indicator of economic well-being and development.

Methodology

The data is calculated using the GEKS-CPDW method, which combines national accounts and price data.

Historical Context

This trend is widely used by economists, policymakers, and international organizations to compare living standards and economic performance across countries.

Key Facts

  • Malaysia's Purchasing Power Parity Converted Domestic Absorption Per Capita was $28,206 in 2021.
  • This metric has grown by an average of 3.5% annually over the past decade.
  • Malaysia ranks 58th globally in terms of Purchasing Power Parity Converted Domestic Absorption Per Capita.

FAQs

Q: What does this economic trend measure?

A: This trend measures the purchasing power parity-adjusted domestic absorption per capita in Malaysia, which represents the average spending on goods and services by individuals in the country.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of economic well-being and development, allowing for cross-country comparisons of living standards and economic performance.

Q: How is this data collected or calculated?

A: The data is calculated using the GEKS-CPDW method, which combines national accounts and price data.

Q: How is this trend used in economic policy?

A: This trend is widely used by economists, policymakers, and international organizations to assess and compare the economic conditions and living standards across countries.

Q: Are there update delays or limitations?

A: The data is updated annually, with a typical 1-2 year delay in availability.

Related Trends

Citation

U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Malaysia (PCDGDPMYA620NUPN), retrieved from FRED.