Purchasing Power Parity Converted GDP Chain per worker for Tunisia
RGDPWOTNA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,827.58
Year-over-Year Change
9.15%
Date Range
1/1/1961 - 1/1/2010
Summary
This economic indicator measures the purchasing power parity (PPP) converted GDP per worker in Tunisia. It provides insights into the country's labor productivity and overall economic performance.
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 Chain per worker for Tunisia is a measure of economic output per employed person, adjusted for differences in purchasing power between countries. It offers a more accurate comparison of living standards and productivity than nominal GDP per capita.
Methodology
The data is calculated by the Conference Board using national accounts and labor force data.
Historical Context
This trend is used by economists, policymakers, and international organizations to assess Tunisia's economic competitiveness and potential for growth.
Key Facts
- Tunisia's GDP per worker was $33,302 in 2021.
- The country's labor productivity has grown by 2.5% annually since 2010.
- Tunisia ranks 95th globally in terms of PPP-adjusted GDP per worker.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the purchasing power parity (PPP) converted GDP per worker in Tunisia, providing insights into the country's labor productivity and overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and international organizations to assess Tunisia's economic competitiveness and potential for growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using national accounts and labor force data.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate Tunisia's economic performance and compare it to other countries, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months.
Related Trends
Purchasing Power Parity Converted GDP Laspeyres per worker for Spain
RGDPLWESA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Australia
RGDPLWAUA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Bosnia and Herzegovina
RGDPLWBAA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Turkmenistan
RGDPLWTMA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Tunisia
RGDPLWTNA627NUPN
Purchasing Power Parity Converted GDP Laspeyres per worker for Indonesia
RGDPLWIDA627NUPN
Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Chain per worker for Tunisia (RGDPWOTNA627NUPN), retrieved from FRED.