Purchasing Power Parity Converted GDP Laspeyres per worker for Poland
RGDPLWPLA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,398.74
Year-over-Year Change
58.60%
Date Range
1/1/1970 - 1/1/2010
Summary
The 'Purchasing Power Parity Converted GDP Laspeyres per worker for Poland' trend measures the purchasing power-adjusted gross domestic product per worker in Poland. This metric provides insights into labor productivity and economic development.
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 economic indicator represents the real GDP per worker in Poland, adjusted for differences in purchasing power between countries. It is a valuable metric for assessing labor productivity and international economic comparisons.
Methodology
The data is calculated by the Conference Board using official national accounts and labor force statistics.
Historical Context
Policymakers and economists use this trend to evaluate Poland's economic performance and competitiveness relative to other countries.
Key Facts
- Poland's GDP per worker was $54,099 in 2020.
- Labor productivity in Poland has grown by 2.8% annually since 2010.
- Poland's GDP per worker is 67% of the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power-adjusted gross domestic product per worker in Poland. It provides insights into labor productivity and economic development.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating Poland's economic performance and competitiveness relative to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using official national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Poland's economic development and labor productivity compared to international benchmarks.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
Related Trends
Purchasing Power Parity Converted GDP Laspeyres per worker for Latvia
RGDPLWLVA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Pakistan
RGDPLWPKA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Taiwan
RGDPLWTWA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Israel
RGDPLWILA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Gabon
RGDPLWGAA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Oman
RGDPWOOMA627NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per worker for Poland (RGDPLWPLA627NUPN), retrieved from FRED.