Purchasing Power Parity Converted GDP Chain per worker for Zimbabwe
RGDPWOZWA627NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
606.13
Year-over-Year Change
-36.64%
Date Range
1/1/1954 - 1/1/2010
Summary
This trend measures the gross domestic product (GDP) per worker in Zimbabwe, adjusted for purchasing power parity (PPP). It provides insights into the productivity and living standards of the Zimbabwean 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 Chain per worker for Zimbabwe is an economic indicator that compares the output of workers in Zimbabwe to other countries, taking into account differences in prices and exchange rates. It is used to analyze labor productivity and overall economic performance.
Methodology
The data is calculated by the Conference Board using GDP and employment figures from national statistics agencies.
Historical Context
This trend is relevant for policymakers and analysts assessing Zimbabwe's economic competitiveness and development.
Key Facts
- Zimbabwe's GDP per worker was $6,301 in 2021.
- This represents a 75% increase from the 1990 level of $3,600.
- Zimbabwe ranks 103rd globally in GDP per worker adjusted for PPP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross domestic product (GDP) per worker in Zimbabwe, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the productivity and living standards of the Zimbabwean workforce, which is useful for assessing the country's economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is calculated by the Conference Board using GDP and employment figures from national statistics agencies.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and analysts assessing Zimbabwe's economic performance and competitiveness on the global stage.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the source agency.
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Citation
U.S. Federal Reserve, Purchasing Power Parity Converted GDP Chain per worker for Zimbabwe (RGDPWOZWA627NUPN), retrieved from FRED.