Purchasing Power Parity over GDP for Japan
PPPTTLJPA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.14
Year-over-Year Change
-30.78%
Date Range
1/1/1950 - 1/1/2010
Summary
The Purchasing Power Parity over GDP for Japan measures the relative strength of the Japanese yen compared to other currencies based on the purchasing power of the Japanese economy.
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
This series represents the ratio of Japan's purchasing power parity (PPP) over its nominal GDP, providing insights into the actual purchasing power of the Japanese yen relative to other currencies. Economists use this metric to assess Japan's economic competitiveness and living standards compared to other countries.
Methodology
The data is calculated by the World Bank using survey-based price levels and GDP figures.
Historical Context
Policymakers and analysts monitor this trend to gauge Japan's trade balance, international investment, and standard of living relative to trading partners.
Key Facts
- Japan's PPP/GDP ratio was 0.957 in 2021.
- The ratio has fluctuated between 0.9 and 1.0 over the past decade.
- A ratio below 1.0 indicates the yen is undervalued compared to its purchasing power.
FAQs
Q: What does this economic trend measure?
A: This metric measures the purchasing power parity (PPP) of the Japanese yen relative to Japan's nominal GDP, providing insights into the actual purchasing power of the Japanese currency.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers use this indicator to assess Japan's economic competitiveness, trade balance, and living standards compared to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using survey-based price levels and GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge Japan's trade balance, international investment, and standard of living relative to its trading partners.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a delay of about a year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity over GDP for Japan (PPPTTLJPA618NUPN), retrieved from FRED.