Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Seychelles
PC2GDPSCA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,822.76
Year-over-Year Change
52.37%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Seychelles, adjusted using the GEKS-CPDW method. It provides a standardized metric to compare economic output and 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 is a key economic indicator used to assess a country's overall wealth and productivity on a per-person basis, while accounting for differences in purchasing power between economies. This data helps analysts and policymakers evaluate Seychelles' economic performance relative to other nations.
Methodology
The data is calculated by the World Bank using a multilateral comparison method called GEKS-CPDW to convert GDP into a common price level.
Historical Context
This indicator is widely referenced by economists, investors, and international organizations to gauge Seychelles' economic development and living standards.
Key Facts
- Seychelles' PPP-adjusted GDP per capita was $31,916 in 2021.
- This places Seychelles among the highest-income countries in Africa.
- The data is updated annually by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for Seychelles, adjusted using the GEKS-CPDW method. It provides a standardized metric to compare economic output and living standards across countries.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita is a key economic indicator used to assess a country's overall wealth and productivity on a per-person basis, while accounting for differences in purchasing power between economies. This data helps analysts and policymakers evaluate Seychelles' economic performance relative to other nations.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a multilateral comparison method called GEKS-CPDW to convert GDP into a common price level.
Q: How is this trend used in economic policy?
A: This indicator is widely referenced by economists, investors, and international organizations to gauge Seychelles' economic development and living standards.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Seychelles (PC2GDPSCA620NUPN), retrieved from FRED.