Constant GDP per capita for Qatar
NYGDPPCAPKDQAT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62,188.83
Year-over-Year Change
-22.86%
Date Range
1/1/1970 - 1/1/2024
Summary
The 'Constant GDP per capita for Qatar' trend measures the gross domestic product per capita of Qatar, adjusted for inflation. This metric is crucial for economists and policymakers to assess Qatar's economic growth and living standards.
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
GDP per capita is a widely used indicator of a country's economic development and prosperity. The constant GDP per capita for Qatar removes the effects of inflation, allowing for more accurate comparisons over time and across countries.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
This trend informs analysts about Qatar's economic performance and is used to guide policy decisions.
Key Facts
- Qatar has one of the highest GDP per capita in the world.
- Qatar's GDP per capita has grown significantly in the past two decades.
- Adjusting for inflation is crucial to accurately track Qatar's economic progress.
FAQs
Q: What does this economic trend measure?
A: The 'Constant GDP per capita for Qatar' trend measures the gross domestic product per capita of Qatar, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to assess Qatar's economic growth and living standards over time.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: This trend informs analysts about Qatar's economic performance and is used to guide policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timely release of national accounts and population figures by the relevant authorities.
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Citation
U.S. Federal Reserve, Constant GDP per capita for Qatar (NYGDPPCAPKDQAT), retrieved from FRED.