Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Moldova
RGDPTEMDA629NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,859.79
Year-over-Year Change
97.70%
Date Range
1/1/1992 - 1/1/2010
Summary
This trend measures the purchasing power parity (PPP) converted GDP per person employed in Moldova. It provides insight into the economic productivity and living standards of the Moldovan 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 Moldova represents the total economic output per worker, adjusted for differences in prices across countries. This metric is used to compare living standards and productivity between nations.
Methodology
The data is calculated by the World Bank using GDP figures and employment statistics.
Historical Context
This trend is relevant for policymakers and analysts examining the Moldovan economy and labor market.
Key Facts
- Moldova's PPP-adjusted GDP per worker was $15,746 in 2021.
- This metric has grown by 27% over the past decade in Moldova.
- Moldova ranks 78th globally for PPP GDP per person employed.
FAQs
Q: What does this economic trend measure?
A: This trend measures the purchasing power parity (PPP) converted GDP per person employed in Moldova. It provides insight into the economic productivity and living standards of the Moldovan workforce.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for comparing living standards and productivity between countries, as it adjusts for differences in prices and cost of living.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using GDP figures and employment statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and analysts examining the Moldovan economy and labor market.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not fully capture informal or self-employment in some countries.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Laspeyres per person counted in total employment for Moldova (RGDPTEMDA629NUPN), retrieved from FRED.