Purchasing Power Parity Converted GDP Chain per worker for Qatar
RGDPWOQAA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182,297.06
Year-over-Year Change
73.69%
Date Range
1/1/1986 - 1/1/2010
Summary
The Purchasing Power Parity Converted GDP Chain per worker for Qatar measures the economic productivity of workers in Qatar, a key indicator for economists and policymakers.
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 series represents the inflation-adjusted gross domestic product (GDP) per employed person in Qatar, adjusted for differences in purchasing power across countries. It is a valuable metric for comparing labor productivity and standards of living between nations.
Methodology
The data is calculated by the U.S. Federal Reserve using national accounts and employment figures.
Historical Context
This trend is widely used to assess Qatar's economic performance and competitiveness relative to other global economies.
Key Facts
- Qatar has one of the highest GDP per worker values globally.
- This metric adjusts for differences in prices across countries.
- Worker productivity is a key driver of economic prosperity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted gross domestic product (GDP) per employed person in Qatar, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a valuable indicator of labor productivity and living standards in Qatar compared to other economies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using national accounts and employment figures.
Q: How is this trend used in economic policy?
A: This trend is widely used to assess Qatar's economic performance and competitiveness relative to other global economies.
Q: Are there update delays or limitations?
A: There may be lags in data availability due to the time required for national accounts and employment data to be reported.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Chain per worker for Qatar (RGDPWOQAA627NUPN), retrieved from FRED.