Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Mauritania
RGDPCHMRA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,938.58
Year-over-Year Change
20.75%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the purchasing power-adjusted GDP per capita for Mauritania, providing insights into the country's economic development 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 Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Mauritania is an inflation-adjusted measure of the average economic output per person in the country, taking into account differences in purchasing power across nations.
Methodology
The data is calculated by the World Bank using a chain-weighted approach to GDP per capita.
Historical Context
This metric is widely used by economists and policymakers to compare living standards and economic performance across countries.
Key Facts
- Mauritania's GDP per capita was $2,700 in 2021.
- The country's GDP per capita has grown by 44% since 2000.
- Mauritania ranks 161st globally in terms of GDP per capita.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power-adjusted GDP per capita for Mauritania, which provides insights into the country's economic development and living standards.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to compare living standards and economic performance across countries.
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 metric is used by institutions and analysts to assess a country's economic development and living standards in comparison to other nations.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some delay, and may not capture short-term economic fluctuations.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Mauritania (RGDPCHMRA625NUPN), retrieved from FRED.