Purchasing Power Parity Converted GDP Chain per worker for Cambodia
RGDPWOKHA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,355.56
Year-over-Year Change
69.35%
Date Range
1/1/1970 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Chain per worker for Cambodia is an economic indicator that measures the productivity and economic output per worker in the country, adjusted for differences in purchasing power.
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 provides insights into the relative efficiency and standard of living in Cambodia compared to other nations. It is a valuable tool for economists and policymakers to assess the country's economic performance and competitiveness.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and GDP chain volume measures.
Historical Context
This trend is used to inform economic policy decisions and international comparisons of labor productivity.
Key Facts
- Cambodia's GDP per worker was $5,850 in 2021.
- The trend has shown steady growth over the past decade.
- Cambodia ranks below the global average in this metric.
FAQs
Q: What does this economic trend measure?
A: The Purchasing Power Parity Converted GDP Chain per worker for Cambodia measures the economic output per worker in the country, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Cambodia's labor productivity and standard of living, which are important factors for economic policy, investment decisions, and international comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates and GDP chain volume measures.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess Cambodia's economic performance, competitiveness, and potential for growth and development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in the most recent figures.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Chain per worker for Cambodia (RGDPWOKHA627NUPN), retrieved from FRED.