Share of Household Consumption at Current Purchasing Power Parities for Egypt
CSHCCPEGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
7.84%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Egypt measures the relative importance of household consumption in Egypt's economy. This metric is valuable for economists and policymakers analyzing economic performance and living standards.
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 proportion of Egypt's total economic output that is consumed by households. It is an important measure of a country's economic structure and living standards, as household consumption accounts for a large portion of most economies.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates to adjust for price level differences across countries.
Historical Context
This trend is used by economists, analysts, and policymakers to compare consumption patterns and living standards across countries and over time.
Key Facts
- Egypt's household consumption was 83.4% of GDP in 2021.
- Household consumption has declined from a high of 85.3% in 2010.
- Egypt has a higher household consumption share than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Egypt's total economic output that is consumed by households. It represents the relative importance of household consumption in the Egyptian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for economists and policymakers analyzing economic performance, living standards, and consumption patterns in Egypt compared to other countries.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using purchasing power parity exchange rates to adjust for price level differences across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the structure of Egypt's economy and make comparisons to other countries. It informs decisions around policies affecting household consumption and living standards.
Q: Are there update delays or limitations?
A: There may be some delays in data availability, as the World Bank publishes this indicator on an annual basis with a lag.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Ireland
CSHICPIEA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Switzerland
CSHGCPCHA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Zimbabwe
CSHMCPZWA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Singapore
CSHCCPSGA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Sri Lanka
CSHGCPLKA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Australia
CSHGCPAUA156NRUG
Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Egypt (CSHCCPEGA156NRUG), retrieved from FRED.