Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Chad
PCDGDPTDA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,447.57
Year-over-Year Change
131.36%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP)-adjusted per capita domestic absorption in Chad. It provides insights into the overall economic well-being and consumption patterns of the Chadian population.
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 is the sum of private consumption, government consumption, and investment. This PPP-adjusted metric allows for cross-country comparisons of living standards by accounting for differences in price levels. Economists and policymakers use this data to analyze Chad's economic development and living conditions.
Methodology
The data is calculated by the World Bank using the Geary-Khamis method to derive PPP conversion factors.
Historical Context
This metric is relevant for assessing Chad's economic performance and informing development policies.
Key Facts
- Chad's domestic absorption per capita was $1,537 in 2020.
- Domestic absorption accounts for over 90% of Chad's GDP.
- Chad's domestic absorption per capita has grown by 23% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP)-adjusted per capita domestic absorption in Chad, which includes private consumption, government consumption, and investment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall economic well-being and consumption patterns of the Chadian population, allowing for cross-country comparisons and informing economic development policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Geary-Khamis method to derive PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric is relevant for assessing Chad's economic performance and informing development policies aimed at improving living standards and consumption in the country.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of several months from the end of the reference year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for Chad (PCDGDPTDA620NUPN), retrieved from FRED.