Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Kyrgyzstan
PGDPUSKGA621NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.98
Year-over-Year Change
28.39%
Date Range
1/1/1993 - 1/1/2010
Summary
This economic trend measures Kyrgyzstan's Purchasing Power Parity (PPP) converted GDP per capita relative to the United States. It provides insights into the relative 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 metric adjusts for differences in price levels between countries, allowing for more accurate cross-country comparisons of economic output and living standards. This indicator is widely used by economists and policymakers to evaluate economic development and competitiveness.
Methodology
The data is calculated using the Geary-Khamis (G-K) international price comparison method.
Historical Context
This trend is valuable for analyzing Kyrgyzstan's economic performance and its convergence with advanced economies.
Key Facts
- Kyrgyzstan's PPP-adjusted GDP per capita is about 6% of the U.S. level.
- This trend has shown gradual improvement since the early 2000s.
- Kyrgyzstan remains one of the poorest countries in the former Soviet Union region.
FAQs
Q: What does this economic trend measure?
A: This trend measures Kyrgyzstan's Purchasing Power Parity (PPP) converted GDP per capita relative to the United States. It provides insights into the relative living standards and productivity between the two countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator is widely used by economists and policymakers to evaluate economic development and competitiveness. It allows for more accurate cross-country comparisons of economic output and living standards.
Q: How is this data collected or calculated?
A: The data is calculated using the Geary-Khamis (G-K) international price comparison method.
Q: How is this trend used in economic policy?
A: This trend is valuable for analyzing Kyrgyzstan's economic performance and its convergence with advanced economies, which is relevant for policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying GDP and price information for Kyrgyzstan.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Kyrgyzstan (PGDPUSKGA621NUPN), retrieved from FRED.