Share of Household Consumption at Current Purchasing Power Parities for Brazil
CSHCCPBRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
8.24%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures Brazil's share of household consumption at current purchasing power parities, providing insights into the relative purchasing power and consumption patterns of Brazilian households.
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 share of household consumption at current purchasing power parities is an important indicator for understanding the standard of living and consumer behavior in Brazil. It compares the purchasing power of Brazilian households to the global average, offering valuable context for policymakers and economists.
Methodology
The data is collected and calculated by the World Bank as part of their International Comparison Program.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess Brazil's economic performance and consumer demand.
Key Facts
- Brazil's share of household consumption at current PPPs was 1.72% in 2021.
- This trend has increased from 1.56% in 2010, indicating growing consumer demand.
- Brazil ranks 8th globally in household consumption share at current PPPs.
FAQs
Q: What does this economic trend measure?
A: This trend measures Brazil's share of total global household consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the standard of living and consumer demand in Brazil, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of their International Comparison Program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Brazil's economic performance, consumer behavior, and purchasing power relative to the global average, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Brazil (CSHCCPBRA156NRUG), retrieved from FRED.