Share of Household Consumption at Current Purchasing Power Parities for Mauritania
CSHCCPMRA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
-8.34%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the share of household consumption in Mauritania's GDP adjusted for purchasing power parity. It provides insights into the relative importance of consumer spending within the country's overall economic activity.
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
The share of household consumption at current purchasing power parities (PPPs) represents the proportion of a country's GDP that is accounted for by household final consumption expenditure. This metric adjusts for differences in price levels across countries, enabling cross-country comparisons of consumption patterns.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is used by economists and policymakers to assess the structure and evolution of domestic demand in Mauritania.
Key Facts
- Mauritania's household consumption share was 57.5% in 2020.
- This metric has remained relatively stable over the past decade.
- The share is lower than the global average of around 60%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Mauritania's GDP that is accounted for by household final consumption expenditure, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the structure and evolution of domestic demand in Mauritania, which is important for understanding the country's economic performance and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the relative importance of household consumption within Mauritania's overall economic activity, which can inform policy decisions related to domestic demand management and broader economic development strategies.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Mauritania (CSHCCPMRA156NRUG), retrieved from FRED.