Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Egypt
PGD2USEGA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.50
Year-over-Year Change
21.57%
Date Range
1/1/1950 - 1/1/2010
Summary
This trend measures Egypt's purchasing power parity (PPP) converted gross domestic product (GDP) per capita relative to the United States. It provides insights into the comparative living standards and 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 PPP-converted GDP per capita ratio is a valuable economic indicator that adjusts for differences in price levels between countries, allowing for more accurate cross-country comparisons of living standards and economic development.
Methodology
The data is calculated using the GEKS-CPDW method, which provides a multilateral comparison of national accounts aggregates.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to analyze global economic dynamics and inform policy decisions.
Key Facts
- Egypt's PPP-converted GDP per capita is approximately 12% of the U.S. level.
- This trend has remained relatively stable over the past decade.
- The PPP adjustment is crucial for accurate cross-country comparisons of living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures Egypt's purchasing power parity (PPP) converted gross domestic product (GDP) per capita relative to the United States.
Q: Why is this trend relevant for users or analysts?
A: The PPP-converted GDP per capita ratio provides insights into the comparative living standards and productivity between Egypt and the United States, which is valuable for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, a multilateral comparison of national accounts aggregates.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to analyze global economic dynamics and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the underlying sources.
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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 Egypt (PGD2USEGA621NUPN), retrieved from FRED.