Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Germany
KCPPPGDEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.70
Year-over-Year Change
-3.80%
Date Range
1/1/1970 - 1/1/2010
Summary
The Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Germany measures the proportion of GDP spent on personal consumption in the German economy.
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 represents the percentage of total economic output in Germany that is allocated to household consumption. It is a key indicator of the strength and composition of domestic demand.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and constant price GDP figures.
Historical Context
Economists and policymakers monitor this trend to assess the health of the German consumer sector and its contribution to overall economic growth.
Key Facts
- Germany's consumption share averaged 54% from 2000-2020.
- Consumption is a major driver of the German economy.
- The trend has remained relatively stable in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Germany's GDP that is allocated to personal consumption expenditures by households.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is a key indicator of domestic demand and consumer confidence in the German economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity exchange rates and constant price GDP figures.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the health of the German consumer sector and its contribution to overall economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Germany (KCPPPGDEA156NUPN), retrieved from FRED.