Purchasing Power Parity Converted GDP Per Capita (Chain Series) for India
RGDPCHINA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,477.31
Year-over-Year Change
99.08%
Date Range
1/1/1950 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for India measures the total economic output per person in India, 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 metric provides a more accurate comparison of living standards and economic development between India and other nations by accounting for price level differences. It is a widely used indicator for cross-country analysis and development economics.
Methodology
The data is calculated by the World Bank using a chain-weighted approach to GDP per capita.
Historical Context
This trend is influential for policymakers, international organizations, and investors assessing India's economic performance and growth potential.
Key Facts
- India's GDP per capita (PPP) was $6,427 in 2021.
- This metric has grown by over 400% since 1990.
- India ranks 126th globally in GDP per capita (PPP).
FAQs
Q: What does this economic trend measure?
A: This trend measures the total economic output per person in India, adjusted for differences in purchasing power across countries using purchasing power parity (PPP) conversion.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate comparison of living standards and economic development between India and other nations by accounting for price level differences, making it a widely used indicator for cross-country analysis and development economics.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a chain-weighted approach to GDP per capita.
Q: How is this trend used in economic policy?
A: This trend is influential for policymakers, international organizations, and investors assessing India's economic performance and growth potential.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the World Bank.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for India (RGDPCHINA625NUPN), retrieved from FRED.