Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Lesotho
PGD2USLSA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.61
Year-over-Year Change
37.98%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic indicator measures Lesotho's purchasing power parity-adjusted GDP per capita relative to the United States. It provides insights into the comparative living standards and economic development 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 output of goods and services produced in Lesotho to the US, adjusting for differences in price levels. This allows for more accurate cross-country comparisons of living standards and productivity.
Methodology
The data is calculated using the GEKS-CPDW method, which aggregates price and volume data across countries.
Historical Context
Policymakers and economists use this metric to evaluate Lesotho's economic performance and competitiveness relative to the US.
Key Facts
- Lesotho's GDP per capita is around 8% of the US level.
- This metric has been declining over the past decade.
- Poverty and inequality remain high in Lesotho compared to the US.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Lesotho's GDP per capita adjusted for purchasing power parity, compared to the United States.
Q: Why is this trend relevant for users or analysts?
A: It provides a more accurate comparison of living standards and economic development between Lesotho and the US.
Q: How is this data collected or calculated?
A: The data is calculated using the GEKS-CPDW method, which aggregates price and volume data across countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Lesotho's economic performance and competitiveness relative to the US.
Q: Are there update delays or limitations?
A: There may be delays in data availability and the metric may not fully capture all economic factors.
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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 Lesotho (PGD2USLSA621NUPN), retrieved from FRED.