Purchasing Power Parity Converted GDP Laspeyres per worker for Afghanistan
RGDPLWAFA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,948.90
Year-over-Year Change
100.16%
Date Range
1/1/1970 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Laspeyres per worker for Afghanistan measures the economic productivity and standard of living in the country.
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
This series represents the real GDP per worker in Afghanistan, adjusted for differences in purchasing power across countries. It is a key metric used by economists to compare living standards and productivity levels internationally.
Methodology
The data is calculated by the World Bank using a Laspeyres index formula and purchasing power parity exchange rates.
Historical Context
This trend is widely cited in policy discussions and academic research on economic development and international comparisons.
Key Facts
- Afghanistan's GDP per worker was $2,302 in 2020.
- This metric has grown by 36% over the past decade.
- Afghanistan ranks 193rd globally on this indicator.
FAQs
Q: What does this economic trend measure?
A: This series measures the real GDP per worker in Afghanistan, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic productivity and living standards in Afghanistan, allowing for international comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using a Laspeyres index formula and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: This indicator is widely cited in policy discussions and academic research on economic development and international comparisons.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per worker for Afghanistan (RGDPLWAFA627NUPN), retrieved from FRED.