Share of Household Consumption at Current Purchasing Power Parities for Republic of Moldova
CSHCCPMDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
-25.39%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Republic of Moldova' tracks the proportion of total consumption within Moldova that is attributable to household spending. This metric is a key indicator of the standard of living 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 trend represents the share of total consumption expenditure in Moldova that is accounted for by household consumption. It is an important measure of a country's economic development and the strength of domestic consumer markets.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates and national accounts statistics.
Historical Context
Policymakers and analysts monitor this indicator to assess the health of the Moldovan economy and consumer sector.
Key Facts
- Moldova's household consumption share was 83.3% in 2021.
- This metric has trended upward since the early 2000s.
- Household spending accounts for a larger portion of GDP in Moldova than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of total consumption within Moldova that is attributable to household spending rather than government or business expenditure.
Q: Why is this trend relevant for users or analysts?
A: The household consumption share is an important gauge of a country's economic development and the strength of domestic consumer markets, which are crucial for long-term growth.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using purchasing power parity exchange rates and national accounts data for Moldova.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the health of the Moldovan economy and consumer sector, which informs decisions around fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent figure may not reflect the current economic conditions in Moldova.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Republic of Moldova (CSHCCPMDA156NRUG), retrieved from FRED.