Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Netherlands
PCDGDPNLA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,397.01
Year-over-Year Change
48.97%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted domestic absorption per capita for the Netherlands, providing insight into the country's economic well-being 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
Domestic absorption per capita is a key indicator of a country's economic performance, reflecting the average consumption and investment levels of its population. The PPP conversion adjusts for differences in price levels between countries, enabling cross-country comparisons.
Methodology
The data is calculated by the OECD using national accounts and population statistics.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess economic development and living standards.
Key Facts
- The Netherlands has one of the highest domestic absorption per capita levels in Europe.
- PPP conversion accounts for cost-of-living differences between countries.
- Domestic absorption includes both private and government consumption, as well as investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted domestic absorption per capita for the Netherlands, which reflects the average consumption and investment levels of the Dutch population.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the Netherlands' economic performance and living standards, enabling cross-country comparisons and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and population statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and international organizations use this trend to assess economic development and living standards, which informs policy decisions and economic strategies.
Q: Are there update delays or limitations?
A: There may be some delays in data updates, and the PPP conversion may not fully capture all price level differences between countries.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Netherlands (PCDGDPNLA620NUPN), retrieved from FRED.