Constant GDP per capita for Swaziland
NYGDPPCAPKDSWZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,832.57
Year-over-Year Change
18.45%
Date Range
1/1/1970 - 1/1/2024
Summary
The Constant GDP per capita for Swaziland measures the total economic output of Swaziland divided by its population, adjusted for inflation. This key economic indicator provides insights into the country's standard of living and 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
Constant GDP per capita is a measure of a country's economic output per person, adjusted for changes in the purchasing power of its currency over time. This metric offers a more accurate representation of living standards and productivity compared to nominal GDP per capita.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Constant GDP per capita is used by economists, policymakers, and analysts to assess a country's economic development and living standards.
Key Facts
- Swaziland's constant GDP per capita was $3,166 in 2020.
- GDP per capita growth in Swaziland averaged 1.4% annually from 2000 to 2020.
- Swaziland's constant GDP per capita is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: The Constant GDP per capita for Swaziland measures the total economic output of Swaziland divided by its population, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Constant GDP per capita provides a more accurate representation of living standards and productivity compared to nominal GDP per capita, offering insights into a country's economic development.
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: Constant GDP per capita is used by economists, policymakers, and analysts to assess a country's economic development and living standards.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and population data from Swaziland.
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Citation
U.S. Federal Reserve, Constant GDP per capita for Swaziland (NYGDPPCAPKDSWZ), retrieved from FRED.