Output-side Real GDP at chained Purchasing Power Parities for Cambodia
RGDPOSKHA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,190.30
Year-over-Year Change
135.06%
Date Range
1/1/1970 - 1/1/2019
Summary
This trend measures the real gross domestic product (GDP) of Cambodia adjusted for purchasing power parity (PPP). It is a key indicator of the country's economic performance and living standards.
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
Output-side real GDP at chained PPPs provides a comparable measure of Cambodia's economic output, accounting for differences in prices across countries. This allows for better assessment of living standards and productivity compared to using market exchange rates.
Methodology
The data is collected and calculated by the World Bank using expenditure-side real GDP at chained PPPs.
Historical Context
Policymakers and analysts use this metric to evaluate Cambodia's economic development and competitiveness in global markets.
Key Facts
- Cambodia's 2021 PPP-adjusted GDP was $89.5 billion.
- PPP-adjusted GDP per capita in Cambodia was $5,371 in 2021.
- Cambodia's economy has grown rapidly, with PPP-adjusted GDP increasing by over 150% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Cambodia, adjusted for differences in purchasing power across countries using purchasing power parity (PPP) exchange rates.
Q: Why is this trend relevant for users or analysts?
A: Tracking Cambodia's PPP-adjusted GDP is important for evaluating the country's economic performance, living standards, and competitiveness compared to other nations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using expenditure-side real GDP figures converted to a common currency using PPP exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Cambodia's economic development, living standards, and competitiveness in global markets.
Q: Are there update delays or limitations?
A: There may be delays of several months before the latest data becomes available, and the PPP methodology can be subject to revisions over time.
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Citation
U.S. Federal Reserve, Output-side Real GDP at chained Purchasing Power Parities for Cambodia (RGDPOSKHA666NRUG), retrieved from FRED.