Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Syria
PGD2USSYA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.61
Year-over-Year Change
16.53%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures Syria's Purchasing Power Parity (PPP) converted GDP per capita relative to the United States. It provides insights into the standard of living and economic output in Syria compared to the U.S.
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 economic productivity and living standards between countries by adjusting for differences in purchasing power. This key indicator is widely used by economists and policymakers to evaluate relative economic performance.
Methodology
The data is calculated using the Geary-Khamis method to convert GDP per capita to a common currency and adjust for price level differences.
Historical Context
This trend is relevant for understanding Syria's economic position and potential policy interventions.
Key Facts
- Syria's PPP-adjusted GDP per capita is only 5.9% of the U.S. level.
- Syria's relative economic output has declined significantly since the start of the civil war in 2011.
- Policymakers use this metric to assess Syria's economic development and living standards compared to other countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures Syria's Purchasing Power Parity (PPP) converted GDP per capita relative to the United States. It provides insights into the standard of living and economic output in Syria compared to the U.S.
Q: Why is this trend relevant for users or analysts?
A: This key indicator is widely used by economists and policymakers to evaluate relative economic performance and living standards between countries.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis method to convert GDP per capita to a common currency and adjust for price level differences.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess Syria's economic development and living standards compared to other countries, which informs potential policy interventions.
Q: Are there update delays or limitations?
A: There may be delays in data availability or limitations in measurement due to the ongoing conflict in Syria.
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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 Syria (PGD2USSYA621NUPN), retrieved from FRED.