Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Switzerland
RGDPLPCHA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,985.62
Year-over-Year Change
15.72%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic indicator measures the purchasing power-adjusted GDP per capita for Switzerland, 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 (Laspeyres) for Switzerland is a comprehensive measure of the country's economic output and wealth, adjusted for differences in purchasing power across countries. It is a key metric used by economists and policymakers to evaluate Switzerland's economic performance and living standards relative to other nations.
Methodology
The data is calculated using the Laspeyres index method, which considers changes in consumption, government spending, and investment.
Historical Context
This trend is widely used by international organizations, governments, and analysts to assess Switzerland's economic competitiveness and make cross-country comparisons.
Key Facts
- Switzerland has one of the highest GDP per capita in the world.
- The country's economy is heavily reliant on its financial and service sectors.
- Switzerland's strong currency and high living standards make it an attractive destination for foreign investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power-adjusted GDP per capita for Switzerland, providing insights into the country's economic development and living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key metric used by economists and policymakers to evaluate Switzerland's economic performance and living standards relative to other nations.
Q: How is this data collected or calculated?
A: The data is calculated using the Laspeyres index method, which considers changes in consumption, government spending, and investment.
Q: How is this trend used in economic policy?
A: This trend is widely used by international organizations, governments, and analysts to assess Switzerland's economic competitiveness and make cross-country comparisons.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the Federal Reserve's FRED database.
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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 Switzerland (RGDPLPCHA625NUPN), retrieved from FRED.