Share of Household Consumption at Current Purchasing Power Parities for Germany
CSHCCPDEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
3.56%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Germany' measures the portion of total household consumption expenditures in Germany relative to global consumption, adjusted for differences in purchasing power.
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 trend represents the share of total global household consumption that can be attributed to German consumers. It provides insight into the relative size and economic importance of Germany's consumer market within the broader global economy.
Methodology
The data is calculated by the OECD based on national accounts and purchasing power parity data.
Historical Context
Economists and policymakers use this metric to assess Germany's economic performance and consumer demand within an international context.
Key Facts
- Germany accounts for ~5% of global household consumption.
- This metric has remained relatively stable over the past decade.
- Consumption share is influenced by economic growth, inflation, and exchange rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the portion of total global household consumption expenditures that can be attributed to German consumers, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic importance and relative size of Germany's consumer market within the global economy, which is valuable for economists and policymakers analyzing international economic dynamics.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on national accounts and purchasing power parity data.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Germany's economic performance and consumer demand within an international context, which can inform trade, fiscal, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the OECD, but there may be some delays in data availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Germany (CSHCCPDEA156NRUG), retrieved from FRED.