National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Denmark
Index 2015=100, Annual
NAEXKP01DKA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.69
Year-over-Year Change
25.48%
Date Range
1/1/1995 - 1/1/2022
Summary
The Annual Gross Domestic Product (GDP) Per Capita index measures the average economic output per person in the United States, adjusted for inflation. It provides insight into the overall standard of living and productivity of the 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
The Annual GDP Per Capita index tracks the total economic output of the United States divided by the total population, with the base year set to 2015. This metric is widely used by economists and policymakers to gauge the economic well-being and growth of the country.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national accounts and census population figures.
Historical Context
Policymakers and analysts use this index to inform decisions around fiscal, monetary, and social policies aimed at promoting economic prosperity.
Key Facts
- The U.S. GDP per capita index was 103.36 in 2021.
- Real GDP per capita has grown by an average of 1.7% annually since 1990.
- The U.S. ranks among the highest in the world for GDP per capita.
FAQs
Q: What does this economic trend measure?
A: The Annual GDP Per Capita index measures the average economic output or production per person in the United States, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall standard of living and productivity of the U.S. economy, which is crucial for economists and policymakers in assessing economic performance and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national accounts and census population figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to inform decisions around fiscal, monetary, and social policies aimed at promoting economic prosperity and improving the well-being of the population.
Q: Are there update delays or limitations?
A: The data is released annually by the U.S. Bureau of Economic Analysis, with a typical update delay of several months after the end of the calendar year.
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Denmark
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Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Denmark
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Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for Denmark
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01DKA661S), retrieved from FRED.