Share of Household Consumption at Current Purchasing Power Parities for Mozambique
CSHCCPMZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.71
Year-over-Year Change
-9.98%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Mozambique' measures the relative importance of household consumption in Mozambique's economy. It is a key indicator for understanding patterns of domestic demand 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 economic trend represents the proportion of Mozambique's total gross domestic product (GDP) that is accounted for by household consumption expenditures. It is useful for cross-country comparisons and analyzing the structure of Mozambique's economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and economists use this metric to assess the role of domestic consumption in Mozambique's economic growth and development.
Key Facts
- Mozambique's household consumption makes up about 80% of its GDP.
- Household consumption has increased steadily in Mozambique over the past decade.
- Mozambique has a higher share of household consumption than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Mozambique's total economic output (GDP) that is accounted for by household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the structure and growth drivers of Mozambique's economy, as well as living standards and patterns of domestic demand.
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: Policymakers and economists use this metric to assess the role of domestic consumption in Mozambique's economic growth and development.
Q: Are there update delays or limitations?
A: The data is published with a lag, so it may not reflect the most recent economic conditions in Mozambique.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Mozambique (CSHCCPMZA156NRUG), retrieved from FRED.