Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Tajikistan
PGDPUSTJA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.67
Year-over-Year Change
101.52%
Date Range
1/1/1993 - 1/1/2010
Summary
This metric measures Tajikistan's GDP per capita in purchasing power parity terms relative to the United States. It provides insights into the comparative living standards and economic development of the two countries.
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 (PPP) conversion factor adjusts GDP to account for differences in price levels between countries, allowing for more accurate cross-country comparisons of economic output and living standards.
Methodology
The data is calculated using the Geary-Khamis (G-K) method, a widely used approach for deriving PPP conversion factors.
Historical Context
This metric is valuable for policymakers, economists, and investors in analyzing Tajikistan's economic performance and competitiveness.
Key Facts
- Tajikistan's GDP per capita is approximately 7% of the U.S. level.
- The PPP adjustment accounts for cost-of-living differences between the two countries.
- This metric is useful for assessing Tajikistan's economic development relative to the United States.
FAQs
Q: What does this economic trend measure?
A: This metric measures Tajikistan's GDP per capita in purchasing power parity (PPP) terms relative to the United States. It provides insights into the comparative living standards and economic development of the two countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for policymakers, economists, and investors in analyzing Tajikistan's economic performance and competitiveness compared to the United States.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis (G-K) method, a widely used approach for deriving PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and investors to assess Tajikistan's economic development and living standards relative to the United States.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the source.
Related Trends
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Niger
PGDPUSNEA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Canada
PGDPUSCAA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Uruguay
PGDPUSUYA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Marshall Islands
PGD2USMHA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Timor-Leste
PGD2USTLA621NUPN
Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Georgia
PGDPUSGEA621NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Tajikistan (PGDPUSTJA621NUPN), retrieved from FRED.