Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Antigua and Barbuda
PGD2USAGA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.01
Year-over-Year Change
0.63%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity-adjusted GDP per capita of Antigua and Barbuda relative to the United States. It provides insight into the comparative living standards and economic productivity between the two 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 Purchasing Power Parity Converted GDP Per Capita Relative to the United States metric compares the inflation-adjusted GDP per person in Antigua and Barbuda to the same measure in the United States. This allows for more accurate cross-country comparisons of economic output and living standards.
Methodology
The data is calculated using the GEKS-CPDW method to adjust for price level differences between countries.
Historical Context
This trend is used by economists and policymakers to evaluate the relative economic performance and development of Antigua and Barbuda compared to the United States.
Key Facts
- Antigua and Barbuda's GDP per capita was 37% of the US level in 2021.
- The PPP-adjusted GDP per capita ratio has remained relatively stable over the past decade.
- Differences in price levels between countries are a key factor in this comparative metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity-adjusted GDP per capita of Antigua and Barbuda relative to the United States. It provides insight into the comparative living standards and economic productivity between the two countries.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists and policymakers to evaluate the relative economic performance and development of Antigua and Barbuda compared to the United States.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method to adjust for price level differences between countries.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to compare the living standards and economic productivity of Antigua and Barbuda relative to the United States.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the relevant statistical agencies.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Antigua and Barbuda (PGD2USAGA621NUPN), retrieved from FRED.