Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Swaziland
PCDGDPSZA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,162.14
Year-over-Year Change
32.20%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic indicator measures the purchasing power parity (PPP) adjusted domestic absorption per capita for Swaziland. It provides insights into the standard of living and economic development of the country.
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 broader measure of economic activity than GDP, as it includes private consumption, government spending, and investment. The PPP adjustment ensures accurate cross-country comparisons by accounting for differences in price levels.
Methodology
The data is collected and calculated by the World Bank using the GEKS-CPDW method.
Historical Context
This metric is valuable for policymakers and economists in analyzing Swaziland's economic performance and living standards relative to other countries.
Key Facts
- Swaziland's per capita domestic absorption was $6,732 in 2021.
- Domestic absorption includes private consumption, government spending, and investment.
- PPP adjustment ensures accurate cross-country economic comparisons.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the purchasing power parity (PPP) adjusted domestic absorption per capita for Swaziland. Domestic absorption is a broader measure of economic activity than GDP, as it includes private consumption, government spending, and investment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the standard of living and economic development of Swaziland. The PPP adjustment ensures accurate cross-country comparisons by accounting for differences in price levels, making it useful for policymakers and economists analyzing Swaziland's economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using the GEKS-CPDW method.
Q: How is this trend used in economic policy?
A: This metric is valuable for policymakers and economists in analyzing Swaziland's economic performance and living standards relative to other countries, which can inform economic policies and development strategies.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for data collection and processing by the World Bank.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Swaziland (PCDGDPSZA620NUPN), retrieved from FRED.