Purchasing Power Parity over GDP for France
PPPTTLFRA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
-7.05%
Date Range
1/1/1950 - 1/1/2010
Summary
The 'Purchasing Power Parity over GDP for France' trend measures the relative purchasing power of the French economy compared to the global average. This key indicator is used by economists and policymakers to assess France's economic competitiveness and standard 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
This series represents the ratio of France's purchasing power parity (PPP) to its nominal GDP. PPP compares the cost of a standardized basket of goods across countries, adjusting for currency differences. The PPP/GDP ratio provides insight into France's cost of living and productivity levels relative to the world average.
Methodology
The data is calculated by the World Bank using price surveys and national accounts.
Historical Context
Tracking France's PPP/GDP ratio helps economists and investors understand the country's economic health and international trade dynamics.
Key Facts
- France's PPP/GDP ratio was 0.92 in 2021.
- This indicates France's cost of living is about 8% lower than the global average.
- The ratio has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Purchasing Power Parity over GDP for France' trend measures the relative purchasing power of the French economy compared to the global average.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insight into France's cost of living and productivity levels relative to the world, helping economists and investors assess the country's economic competitiveness and standard of living.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using price surveys and national accounts.
Q: How is this trend used in economic policy?
A: Tracking France's PPP/GDP ratio helps economists and policymakers understand the country's economic health and international trade dynamics, informing decisions around fiscal, monetary, and trade policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately 1-2 years.
Related Trends
Purchasing Power Parity over GDP for Algeria
PPPTTLDZA618NUPN
Purchasing Power Parity over GDP for Azerbaijan
PPPTTLAZA618NUPN
Purchasing Power Parity over GDP for Trinidad and Tobago
PPPTTLTTA618NUPN
Purchasing Power Parity over GDP for Guinea-Bissau
PPPTTLGWA618NUPN
Purchasing Power Parity over GDP for Lebanon
PPPTTLLBA618NUPN
Purchasing Power Parity over GDP for Zambia
PPPTTLZMA618NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity over GDP for France (PPPTTLFRA618NUPN), retrieved from FRED.