Share of Household Consumption at Current Purchasing Power Parities for Japan
CSHCCPJPA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
1.37%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Japan measures the percentage of Japan's total GDP that is attributed to household consumption. This metric is important for economists and policymakers to assess Japan's economic health and consumer demand.
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 portion of Japan's total economic output that is consumed by households. It is a key measure of the strength of domestic demand and consumer spending, which are crucial drivers of economic growth.
Methodology
The data is calculated by the OECD based on national accounts and purchasing power parity data.
Historical Context
Policymakers and analysts use this trend to evaluate Japan's economic performance and consumer confidence.
Key Facts
- Japan's household consumption accounts for over half of its GDP.
- The share of household consumption has remained relatively stable over the past decade.
- Household spending is a crucial driver of Japan's economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Japan's total GDP that is attributed to household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The share of household consumption is a key metric for evaluating the strength of domestic demand and consumer spending in Japan's economy.
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: Policymakers and analysts use this trend to assess Japan's economic performance and consumer confidence, which informs decision-making and policy actions.
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 the most recent figures being available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Japan (CSHCCPJPA156NRUG), retrieved from FRED.