Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Afghanistan
PC2GDPAFA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,078.90
Year-over-Year Change
158.31%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted GDP per capita for Afghanistan, providing a more accurate comparison of living standards across 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 PPP-converted GDP per capita metric adjusts for differences in price levels between countries, allowing for better comparisons of real economic output and living standards. It is a key indicator used by economists and policymakers to evaluate development and living standards.
Methodology
The data is calculated by the World Bank using the Geary-Khamis-based multilateral method.
Historical Context
This trend is widely used by international organizations, economists, and investors to assess economic development and living conditions in Afghanistan.
Key Facts
- Afghanistan's PPP-adjusted GDP per capita was $2,149 in 2021.
- This metric has grown by 35% over the past decade.
- Afghanistan ranks 170th globally in PPP-adjusted GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per capita for Afghanistan, providing a more accurate comparison of living standards across countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita metric is a key indicator used by economists and policymakers to evaluate economic development and living standards in Afghanistan compared to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis-based multilateral method for PPP conversion.
Q: How is this trend used in economic policy?
A: This trend is widely used by international organizations, economists, and investors to assess economic development and living conditions in Afghanistan.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may be subject to revisions as underlying price and GDP data are updated.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Afghanistan (PC2GDPAFA620NUPN), retrieved from FRED.