Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Kyrgyzstan
PLGDPOKGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-7.15%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the relative purchasing power of Kyrgyzstan's GDP compared to other countries, adjusting for exchange rate differences. It provides important insights into the country's economic competitiveness and standards of living.
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 Price level of Output-side Real GDP at Current Purchasing Power Parities (PPP/Exchange Rate) for Kyrgyzstan is an indicator that compares the purchasing power of Kyrgyzstan's GDP to other economies, using PPP exchange rates. This metric offers valuable perspectives on Kyrgyzstan's economic development and international trade dynamics.
Methodology
The data is calculated using detailed national accounts and price information to derive comparable GDP and price levels across countries.
Historical Context
This trend is widely used by economists, policymakers, and international institutions to assess Kyrgyzstan's economic performance and competitiveness.
Key Facts
- Kyrgyzstan's PPP-adjusted GDP per capita was $4,071 in 2021.
- The PPP/exchange rate ratio for Kyrgyzstan was 0.45 in 2021, indicating lower domestic prices.
- This trend helps assess Kyrgyzstan's living standards relative to other countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power of Kyrgyzstan's GDP compared to other countries, adjusting for differences in exchange rates and price levels.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into Kyrgyzstan's economic competitiveness, living standards, and trade dynamics, which are important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated using detailed national accounts and price information to derive comparable GDP and price levels across countries.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international institutions to assess Kyrgyzstan's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and price information from Kyrgyzstan and other countries.
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Citation
U.S. Federal Reserve, Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Kyrgyzstan (PLGDPOKGA670NRUG), retrieved from FRED.