Share of Household Consumption at Current Purchasing Power Parities for Malawi
CSHCCPMWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.87
Year-over-Year Change
29.39%
Date Range
1/1/1954 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Malawi' measures the proportion of total household consumption in Malawi, adjusted for differences in purchasing power across countries.
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 provides insights into the composition of domestic demand and living standards in Malawi. It is used by economists and policymakers to analyze trends in household consumption and assess the country's economic development.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Historical Context
This metric is valuable for cross-country comparisons and informing economic policies aimed at improving living standards.
Key Facts
- Malawi's household consumption accounts for over 80% of its GDP.
- Household consumption has grown steadily in Malawi over the past decade.
- Malawi's household consumption is lower than the global average when adjusted for purchasing power.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of total household consumption in Malawi, 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 composition of domestic demand and living standards in Malawi, which is valuable for economists and policymakers analyzing economic 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 (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This metric is used to inform economic policies aimed at improving living standards and can be valuable for cross-country comparisons.
Q: Are there update delays or limitations?
A: The data is subject to the availability and release schedule of the World Bank, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Malawi (CSHCCPMWA156NRUG), retrieved from FRED.