Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Yemen
RGDPLPYEA625NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,395.60
Year-over-Year Change
19.53%
Date Range
1/1/1989 - 1/1/2010
Summary
This trend measures the purchasing power-adjusted gross domestic product (GDP) per capita for Yemen, derived from growth rates of consumption, government consumption, and investment. It provides insights into the country's economic development and living standards relative 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
The Purchasing Power Parity Converted GDP Per Capita (Laspeyres) for Yemen is an important economic indicator that adjusts the country's GDP per capita based on purchasing power parity, allowing for cross-country comparisons of living standards. It is a valuable metric for analyzing Yemen's economic performance and progress over time.
Methodology
The data is calculated by the World Bank using the Laspeyres index method to derive purchasing power parity-adjusted GDP per capita.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess Yemen's economic development and living standards in a global context.
Key Facts
- Yemen's GDP per capita was $2,500 in 2020.
- Yemen's purchasing power parity-adjusted GDP per capita is about 20% of the global average.
- The trend has shown slow economic growth in Yemen over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power-adjusted gross domestic product (GDP) per capita for Yemen, derived from growth rates of consumption, government consumption, and investment.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Yemen's economic development and living standards relative to other nations, allowing for cross-country comparisons and analysis of the country's economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using the Laspeyres index method to derive purchasing power parity-adjusted GDP per capita.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess Yemen's economic development and living standards in a global context, informing policy decisions and strategies.
Q: Are there update delays or limitations?
A: The data may have update delays and potential limitations due to the complexities of measuring purchasing power parity in Yemen's economy.
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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 Yemen (RGDPLPYEA625NUPN), retrieved from FRED.