Share of Household Consumption at Current Purchasing Power Parities for Bhutan
CSHCCPBTA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
43.28%
Date Range
1/1/1970 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Bhutan' measures the portion of a country's total GDP that is accounted for by household consumption expenditures. This is an important economic indicator for understanding domestic demand and consumer behavior.
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 indicator represents the share of GDP consumed by households in Bhutan, adjusted for differences in purchasing power across countries. It is used by economists and policymakers to analyze patterns of consumer spending and the relative importance of domestic consumption in the overall economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This metric informs analyses of consumer trends, trade balances, and the structure of national economies.
Key Facts
- Bhutan's household consumption share was 58.8% in 2021.
- This indicator has declined from over 70% in the 1980s.
- Household spending is a larger component of GDP in less developed economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of a country's GDP that is accounted for by household consumption expenditures, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding patterns of domestic demand, consumer behavior, and the structure of a national economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This indicator informs analyses of consumer trends, trade balances, and the overall composition of GDP, which are relevant for economic policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be available for some time.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Bhutan (CSHCCPBTA156NRUG), retrieved from FRED.