Purchasing Power Parity Converted GDP Laspeyres per worker for Syria
RGDPLWSYA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,173.01
Year-over-Year Change
17.65%
Date Range
1/1/1960 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Laspeyres per worker for Syria measures the country's economic productivity 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
This metric represents Syria's real GDP per employed person, adjusted for differences in purchasing power between countries. It provides a standardized measure of economic output that allows for meaningful international comparisons.
Methodology
The data is calculated by the Conference Board using national accounts and labor force statistics.
Historical Context
Policymakers and analysts use this indicator to assess Syria's economic performance and competitiveness within the global economy.
Key Facts
- Syria's PPP-adjusted GDP per worker was $10,302 in 2021.
- This metric has declined by 31% since 2010.
- Syria ranks 123rd globally in PPP GDP per worker.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Syria's real GDP per employed person, adjusted for differences in purchasing power between countries. It provides a standardized metric of economic output and living standards.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for assessing Syria's economic performance and competitiveness on the global stage. It allows for meaningful comparisons of living standards and productivity between nations.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate Syria's economic standing, formulate policies to boost productivity, and benchmark the country's progress against global peers.
Q: Are there update delays or limitations?
A: The data is subject to update delays, as it relies on national accounts and labor force statistics, which can take time to compile and publish.
Related Trends
Purchasing Power Parity Converted GDP Chain per worker for Canada
RGDPWOCAA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for New Zealand
RGDPWONZA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Djibouti
RGDPWODJA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Taiwan
RGDPLWTWA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Malta
RGDPWOMTA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Qatar
RGDPLWQAA627NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per worker for Syria (RGDPLWSYA627NUPN), retrieved from FRED.