Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Syria
RGDPCHSYA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,792.66
Year-over-Year Change
5.32%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Syria measures the economic output per person in Syria, 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 represents the real GDP per capita in Syria, converted using purchasing power parity (PPP) exchange rates to allow for cross-country comparisons. It is a key indicator of a country's economic development and living standards.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Policymakers and economists use this trend to assess Syria's economic performance and living standards relative to other nations.
Key Facts
- Syria's GDP per capita was $2,590 in 2021.
- Syria's GDP per capita has declined by over 60% since 2010.
- Syria ranks 129th globally in GDP per capita adjusted for purchasing power.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Syria's gross domestic product (GDP) per capita, adjusted for differences in purchasing power across countries using PPP exchange rates.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for better cross-country comparisons of living standards and economic development, providing important context for analyzing Syria's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Syria's economic situation and living standards relative to other nations, informing policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data availability due to the challenging economic and political conditions in Syria.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Syria (RGDPCHSYA625NUPN), retrieved from FRED.