Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Sao Tome and Principe
RGDPL2STA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,605.33
Year-over-Year Change
23.91%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Sao Tome and Principe, derived from growth rates of domestic absorption.
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 PPP-converted GDP per capita metric adjusts for differences in price levels across countries, allowing for more accurate international comparisons of economic activity and living standards. This data series uses the Laspeyres method to calculate the PPP conversion.
Methodology
The data is derived from growth rates of domestic absorption, which includes consumption, investment, and government spending.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess economic development and living standards.
Key Facts
- Sao Tome and Principe is a small island country in the Gulf of Guinea.
- PPP-adjusted GDP per capita accounts for cost-of-living differences across countries.
- This metric is used to assess economic progress and living standards globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted gross domestic product (GDP) per capita for Sao Tome and Principe, derived from growth rates of domestic absorption.
Q: Why is this trend relevant for users or analysts?
A: This metric allows for more accurate international comparisons of economic activity and living standards by adjusting for differences in price levels across countries.
Q: How is this data collected or calculated?
A: The data is derived from growth rates of domestic absorption, which includes consumption, investment, and government spending.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess economic development and living standards globally.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the underlying sources.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Sao Tome and Principe (RGDPL2STA625NUPN), retrieved from FRED.