Purchasing Power Parity Converted GDP Per Capita (Chain Series) for France
RGDPCHFRA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,299.28
Year-over-Year Change
12.19%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic indicator measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for France. It provides insights into the relative standard of living and economic productivity of the French population.
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 Purchasing Power Parity Converted GDP Per Capita (Chain Series) for France is a key metric used by economists and policymakers to compare the economic output and living standards across countries. It adjusts the GDP per capita figure to account for differences in price levels, allowing for more accurate international comparisons.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This trend is widely used to analyze the French economy's performance and competitiveness relative to other developed nations.
Key Facts
- France's GDP per capita (PPP) was $44,099 in 2021.
- France ranks 20th globally in GDP per capita (PPP).
- The PPP conversion factor for France was 0.786 in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita for France, providing insights into the country's economic productivity and living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to compare the economic output and competitiveness of France relative to other countries, accounting for differences in price levels.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is used to analyze the French economy's performance and inform policy decisions related to economic development, competitiveness, and living standards.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with some potential delays in the most recent figures.
Related Trends
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Czech Republic
RGDPL2CZA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Morocco
RGDPL2MAA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Republic of Korea
RGDPCHKRA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Trinidad and Tobago
RGDPL2TTA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Samoa
RGDPLPWSA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Azerbaijan
RGDPLPAZA625NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for France (RGDPCHFRA625NUPN), retrieved from FRED.