Share of Household Consumption at Current Purchasing Power Parities for France
CSHCCPFRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
-2.68%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for France' measures the portion of total French household consumption expenditures relative to global consumption. It provides insights into the spending power and economic standing of French consumers.
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 total global household consumption accounted for by French consumers, adjusted for differences in purchasing power between countries. It is a useful metric for analyzing France's economic position and consumption trends relative to the worldwide economy.
Methodology
The data is calculated by the OECD using national accounts and purchasing power parity exchange rates.
Historical Context
Policymakers and analysts use this metric to gauge French consumer demand and its contribution to the global economy.
Key Facts
- France's share of global household consumption was 3.4% in 2021.
- This metric has declined from a high of 4.3% in 2000.
- France accounts for about 15% of total EU household consumption.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the portion of total global household consumption expenditures accounted for by French consumers, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the spending power and economic standing of French consumers relative to the worldwide economy, which is useful for policymakers and analysts assessing French consumer demand and its contribution to global economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts and purchasing power parity exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge French consumer demand and its contribution to the global economy, which can inform economic policies and forecasts.
Q: Are there update delays or limitations?
A: The data is published 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 France (CSHCCPFRA156NRUG), retrieved from FRED.