Share of Household Consumption at Current Purchasing Power Parities for Mauritius
CSHCCPMUA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
22.58%
Date Range
1/1/1950 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Mauritius measures the proportion of the country's total consumption expenditures attributed to households. This metric is important for economists and policymakers to understand consumption patterns and living standards.
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 consumption in Mauritius that is accounted for by household spending, adjusted for differences in purchasing power across countries. It provides insights into the relative importance of private consumption within the broader economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity information.
Historical Context
Policymakers use this metric to analyze household consumption trends and their implications for economic growth and social welfare.
Key Facts
- Mauritius' household consumption share was 68.4% in 2021.
- The metric has remained relatively stable over the past decade.
- Household consumption accounts for a larger proportion of GDP in Mauritius compared to many other African nations.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of total consumption expenditures in Mauritius that are attributed to household spending, 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 relative importance of private consumption within Mauritius' economy, which is valuable for economists and policymakers analyzing consumption patterns and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts information and purchasing power parity adjustments.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to understand household consumption trends and their implications for economic growth and social welfare in Mauritius.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a slight delay in availability compared to the reference year.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Mauritius (CSHCCPMUA156NRUG), retrieved from FRED.