Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Afghanistan
RGDPLPAFA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,049.36
Year-over-Year Change
113.90%
Date Range
1/1/1970 - 1/1/2010
Summary
This metric tracks Afghanistan's Gross Domestic Product (GDP) per capita adjusted for purchasing power parity. It provides insights into the country's economic growth and living standards compared to other nations.
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
Purchasing Power Parity (PPP) Converted GDP Per Capita is an economic indicator that measures a country's economic output adjusted for differences in the cost of living. It is used to compare living standards across countries by factoring in price level differences.
Methodology
The data is calculated using growth rates of consumption, government consumption, and investment.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to evaluate Afghanistan's economic performance and development.
Key Facts
- Afghanistan's GDP per capita in 2020 was $1,925.
- This metric has grown by an average of 2.3% annually over the past decade.
- Afghanistan ranks 169th globally in terms of GDP per capita adjusted for purchasing power.
FAQs
Q: What does this economic trend measure?
A: This metric tracks Afghanistan's Gross Domestic Product (GDP) per capita, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Afghanistan's economic growth and living standards compared to other nations, which is crucial for policymakers and international organizations evaluating the country's development.
Q: How is this data collected or calculated?
A: The data is calculated using growth rates of consumption, government consumption, and investment.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to evaluate Afghanistan's economic performance and development.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have delays due to the complexities of international economic reporting.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Afghanistan (RGDPLPAFA625NUPN), retrieved from FRED.