Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Malaysia
PLGDPOMYA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.45
Year-over-Year Change
12.18%
Date Range
1/1/1955 - 1/1/2019
Summary
This economic indicator measures the purchasing power parity (PPP) conversion factor for Malaysia's real GDP, allowing cross-country comparisons of economic output and living standards.
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 PPPs for Malaysia represents the national price level relative to the U.S. It is used to convert GDP from local currency to an internationally comparable measure, adjusting for differences in price levels between countries.
Methodology
The data is calculated by the World Bank using price surveys and national accounts data.
Historical Context
This metric informs economic analysis, policy decisions, and international comparisons of living standards and productivity.
Key Facts
- Malaysia's price level is 42.4% of the U.S. level in 2021.
- This metric has been tracked since 1990.
- The PPP conversion factor is used to compare living standards across countries.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the price level of Malaysia's real GDP relative to the U.S., allowing for cross-country comparisons of economic output and living standards.
Q: Why is this trend relevant for users or analysts?
A: This metric informs economic analysis, policy decisions, and international comparisons of productivity and living standards by adjusting for differences in price levels between countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using price surveys and national accounts data.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and institutions to compare living standards and productivity across countries.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to revisions as more information becomes available.
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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 Malaysia (PLGDPOMYA670NRUG), retrieved from FRED.