Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Portugal
KCPPPGPTA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.88
Year-over-Year Change
9.19%
Date Range
1/1/1950 - 1/1/2010
Summary
The Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Portugal measures the portion of the country's economic output devoted to personal consumption expenditures. This metric is valuable for economists and policymakers assessing Portugal's economic health and consumer trends.
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 percentage of Portugal's Purchasing Power Parity (PPP) converted Gross Domestic Product (GDP) per capita that is allocated to personal consumption, holding prices constant. It provides insight into the spending behavior and living standards of Portuguese households.
Methodology
The data is calculated by the OECD using national accounts information and purchasing power parity conversions.
Historical Context
This trend is closely monitored by economists, financial analysts, and policymakers to gauge Portugal's economic performance and consumer confidence.
Key Facts
- Portugal's consumption share of GDP was 65.4% in 2021.
- The trend has remained relatively stable over the past decade.
- Consumption represents a significant driver of Portugal's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of Portugal's Gross Domestic Product (GDP) that is allocated to personal consumption expenditures, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is a key indicator of consumer behavior and living standards in Portugal, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts information and purchasing power parity conversions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Portugal's domestic demand, consumer confidence, and the potential impact on the country's overall economic performance.
Q: Are there update delays or limitations?
A: The data is updated annually by the OECD, with a slight delay in availability compared to the reference year.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Portugal (KCPPPGPTA156NUPN), retrieved from FRED.