Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for St.Vincent and Grenadines
RGDPLPVCA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,973.36
Year-over-Year Change
35.03%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the purchasing power parity converted GDP per capita for St. Vincent and the Grenadines, derived from growth rates of consumption, government consumption, and investment. It provides insights into the country's economic output 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) metric represents the inflation-adjusted GDP per person in St. Vincent and the Grenadines, adjusted for differences in purchasing power across countries. This data is used to compare living standards and economic development between nations.
Methodology
The data is calculated by the World Bank using the Laspeyres index method.
Historical Context
This trend is relevant for policymakers, economists, and investors analyzing the economic performance and development of St. Vincent and the Grenadines.
Key Facts
- St. Vincent and the Grenadines' GDP per capita (PPP) was $12,336 in 2021.
- The country's GDP per capita has grown by an average of 1.3% annually over the past decade.
- St. Vincent and the Grenadines is classified as an upper-middle-income economy by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity converted GDP per capita for St. Vincent and the Grenadines, which provides insights into the country's economic output and living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and investors analyzing the economic performance and development of St. Vincent and the Grenadines.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Laspeyres index method.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and investors to assess the economic output and living standards in St. Vincent and the Grenadines, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and publication schedule of the World Bank, which may result in occasional update delays.
Related Trends
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Antigua and Barbuda
RGDPLPAGA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Honduras
RGDPL2HNA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Vanuatu
RGDPL2VUA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for United Arab Emirates
RGDPL2AEA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Federated States of Micronesia
RGDPLPFMA625NUPN
Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Mongolia
RGDPLPMNA625NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for St.Vincent and Grenadines (RGDPLPVCA625NUPN), retrieved from FRED.