Share of Household Consumption at Current Purchasing Power Parities for Jordan
CSHCCPJOA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
-0.33%
Date Range
1/1/1954 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Jordan measures the proportion of a country's total consumption expenditures attributed to household spending. This metric provides insights into the structure of an economy 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 economic indicator represents the percentage of a country's total consumption expenditures that are allocated to household spending. It is a useful measure for analyzing consumer demand, standard of living, and the role of the household sector within a national economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
Policymakers and analysts use this metric to assess the health and composition of domestic demand within a country.
Key Facts
- Jordan's household consumption share was 78.4% in 2021.
- Household consumption is a major driver of Jordan's economy.
- The metric is reported annually by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total consumption expenditures that are attributed to household spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand, living standards, and the role of households within a national economy, which is useful for policymakers and economic analysts.
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: Policymakers and analysts use this metric to assess the health and composition of domestic demand within a country, which informs economic policies and forecasts.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be a delay in the most recent figures being available.
Related Trends
Share of Government Consumption at Current Purchasing Power Parities for Congo
CSHGCPCGA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for Zambia
CSHXCPZMA156NRUG
Share of Gross Capital Formation at Current Purchasing Power Parities for Chile
CSHICPCLA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Senegal
CSHGCPSNA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Mozambique
CSHRCPMZA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Costa Rica
CSHGCPCRA156NRUG
Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Jordan (CSHCCPJOA156NRUG), retrieved from FRED.