Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Tajikistan
PCDGDPTJA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,256.01
Year-over-Year Change
233.57%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures the purchasing power-adjusted domestic absorption per capita in Tajikistan, providing insights into the country's standard of living and economic productivity.
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
Purchasing power parity (PPP) conversion is used to adjust economic indicators like domestic absorption for differences in price levels across countries, enabling more accurate international comparisons. This specific metric is a widely referenced indicator of economic well-being and development.
Methodology
The data is calculated using the GEKS-CPDW method, a multilateral approach to PPP conversion.
Historical Context
This metric is closely monitored by policymakers, international organizations, and economists to assess Tajikistan's economic performance and living standards.
Key Facts
- Tajikistan's PPP-adjusted domestic absorption per capita was $2,501 in 2020.
- This metric has grown by an average of 4.7% annually over the past decade.
- Tajikistan ranks 126th globally in terms of PPP-adjusted domestic absorption per capita.
FAQs
Q: What does this economic trend measure?
A: This metric measures the purchasing power-adjusted domestic absorption per capita in Tajikistan, providing insights into the country's standard of living and economic productivity.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely monitored by policymakers, international organizations, and economists to assess Tajikistan's economic performance and living standards relative to other countries.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, a multilateral approach to purchasing power parity (PPP) conversion.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Tajikistan's economic development, inform policy decisions, and make international comparisons of living standards and productivity.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and publication, and the metric may not fully capture all aspects of economic well-being in Tajikistan.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Tajikistan (PCDGDPTJA620NUPN), retrieved from FRED.