Purchasing Power Parity Converted GDP Laspeyres per worker for Tunisia
RGDPLWTNA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,751.30
Year-over-Year Change
9.68%
Date Range
1/1/1961 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Laspeyres per worker for Tunisia measures the productivity and economic output per worker in the Tunisian economy, adjusted for differences in purchasing power between countries.
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 trend represents the real GDP per worker in Tunisia, using a Laspeyres index methodology to adjust for price differences across countries. It provides a more accurate comparison of economic productivity than nominal GDP figures alone.
Methodology
The data is calculated by the Conference Board using national accounts and labor force statistics.
Historical Context
This metric is widely used by economists and policymakers to analyze Tunisia's economic performance and competitiveness.
Key Facts
- Tunisia's GDP per worker was $33,302 in 2021.
- Productivity growth in Tunisia has averaged 1.7% annually since 2010.
- Tunisia ranks 87th globally in GDP per worker.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real GDP per worker in the Tunisian economy, adjusting for differences in purchasing power between countries using a Laspeyres index methodology.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate comparison of economic productivity in Tunisia relative to other countries, which is crucial for assessing the nation's economic performance and competitiveness.
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: Economists and policymakers widely use this metric to analyze Tunisia's economic performance and competitiveness, which informs policy decisions and economic strategies.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year.
Related Trends
Purchasing Power Parity Converted GDP Chain per worker for Uzbekistan
RGDPWOUZA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Vietnam
RGDPWOVNA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Guatemala
RGDPWOGTA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Albania
RGDPLWALA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Jordan
RGDPLWJOA627NUPN
Purchasing Power Parity Converted GDP Chain per worker for Philippines
RGDPWOPHA627NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per worker for Tunisia (RGDPLWTNA627NUPN), retrieved from FRED.