Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Switzerland
RGDPCHCHA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,978.03
Year-over-Year Change
15.65%
Date Range
1/1/1950 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Switzerland is an economic metric that measures the inflation-adjusted economic output per person in Switzerland, adjusted for differences in purchasing power across 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
This trend represents the total economic output of Switzerland divided by its population, with adjustments made to account for differences in the cost of living and purchasing power between Switzerland and other countries. It is a useful indicator for comparing living standards and economic development across nations.
Methodology
The data is calculated by the World Bank using a range of national accounts, price, and population data.
Historical Context
This metric is widely used by policymakers, analysts, and international organizations to evaluate and compare the economic performance and development of different countries.
Key Facts
- Switzerland has one of the highest GDP per capita levels in the world.
- The purchasing power parity adjustment accounts for differences in the cost of living across countries.
- This metric is a valuable tool for assessing relative economic well-being and development.
FAQs
Q: What does this economic trend measure?
A: The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Switzerland measures the total economic output of the country divided by its population, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a valuable tool for comparing living standards and economic development across nations, as it accounts for differences in the cost of living and purchasing power between countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a range of national accounts, price, and population data.
Q: How is this trend used in economic policy?
A: This metric is widely used by policymakers, analysts, and international organizations to evaluate and compare the economic performance and development of different countries.
Q: Are there update delays or limitations?
A: The data is subject to the availability and reliability of the underlying national accounts, price, and population data used in the calculations.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Switzerland (RGDPCHCHA625NUPN), retrieved from FRED.