Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Finland
RGDPTEFIA629NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,052.92
Year-over-Year Change
14.83%
Date Range
1/1/1950 - 1/1/2010
Summary
This trend measures the purchasing power parity (PPP) adjusted real GDP per employed person in Finland. It provides insights into the productivity and economic well-being of the Finnish workforce.
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
The Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Finland metric represents the country's inflation-adjusted economic output per employed individual. It is a useful indicator of labor productivity and living standards.
Methodology
The data is calculated by the OECD using national accounts and labor force statistics.
Historical Context
This trend is closely monitored by economists and policymakers to assess Finland's economic performance and competitiveness.
Key Facts
- Finland's PPP-adjusted GDP per employed person was $78,462 in 2021.
- This metric has grown by an average of 1.4% annually over the past decade.
- Finland ranks among the highest in the OECD for this productivity measure.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) adjusted real GDP per employed person in Finland. It provides insights into the productivity and economic well-being of the Finnish workforce.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor productivity and living standards in Finland, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and labor force statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and policymakers to assess Finland's economic performance and competitiveness, informing decisions on economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more information becomes available.
Related Trends
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Taiwan
RGDPTETWA629NUPN
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Slovak Republic
RGDPTESKA629NUPN
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Uzbekistan
RGDPTEUZA629NUPN
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for St. Lucia
RGDPTELCA629NUPN
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Iceland
RGDPTEISA629NUPN
Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Kuwait
RGDPTEKWA629NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Finland (RGDPTEFIA629NUPN), retrieved from FRED.