Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for St.Vincent and Grenadines
PCDGDPVCA620NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,557.10
Year-over-Year Change
91.74%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power of per capita domestic absorption in St. Vincent and Grenadines, adjusting for differences in price levels across countries. It provides insights into the standard of living and economic activity in 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
The Purchasing Power Parity Converted Domestic Absorption Per Capita metric accounts for variations in national price levels to enable cross-country comparisons of economic well-being. It is a useful indicator for policymakers and analysts assessing the development and living standards in St. Vincent and Grenadines.
Methodology
The data is calculated using the GEKS-CPDW method, which combines national accounts data with price level information.
Historical Context
This trend is valuable for evaluating economic performance and informing policy decisions in St. Vincent and Grenadines.
Key Facts
- St. Vincent and Grenadines is a small island country in the Caribbean.
- Purchasing power parity adjusts for price level differences across countries.
- Domestic absorption includes consumption, investment, and government spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power of per capita domestic absorption in St. Vincent and Grenadines, adjusting for differences in price levels across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the standard of living and economic activity in St. Vincent and Grenadines, enabling more accurate cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, which combines national accounts data with price level information.
Q: How is this trend used in economic policy?
A: This trend is valuable for evaluating economic performance and informing policy decisions in St. Vincent and Grenadines.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and price level information for St. Vincent and Grenadines.
Related Trends
Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Cote d`Ivoire
PC2GDPCIA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Moldova
PPCGDPMDA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Japan
PPCGDPJPA620NUPN
Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Syria
PC2GDPSYA620NUPN
Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Iceland
PC2GDPISA620NUPN
Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Austria
PPCGDPATA620NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted Domestic Absorption Per Capita, average GEKS-CPDW, at current prices for St.Vincent and Grenadines (PCDGDPVCA620NUPN), retrieved from FRED.