Share of Household Consumption at Current Purchasing Power Parities for Namibia
CSHCCPNAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
25.42%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Namibia measures the percentage of total household consumption expenditures in Namibia. This metric provides insights into the spending patterns and living standards of Namibian households.
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 represents the relative share of total household consumption within Namibia's economy, adjusted for differences in purchasing power. It is used by economists and policymakers to analyze consumption trends and evaluate the standard of living.
Methodology
The data is calculated based on national accounts and household survey information collected by Namibia's statistical agency.
Historical Context
This metric helps inform fiscal and monetary policies aimed at supporting Namibian households and stimulating domestic consumption.
Key Facts
- Namibia's household consumption accounted for 55% of GDP in 2020.
- Household spending has grown by an average of 3.2% annually over the past decade.
- Namibia's household consumption share is lower than the global average of 60%.
FAQs
Q: What does this economic trend measure?
A: This metric represents the relative share of total household consumption expenditures within Namibia's economy, adjusted for differences in purchasing power.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the spending patterns and living standards of Namibian households, which is valuable information for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and household survey information collected by Namibia's statistical agency.
Q: How is this trend used in economic policy?
A: This metric helps inform fiscal and monetary policies aimed at supporting Namibian households and stimulating domestic consumption.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and data collection processes of Namibia's statistical agency.
Related Trends
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Kuwait
CSHRCPKWA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Latvia
CSHCCPLVA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Antigua and Barbuda
CSHMCPAGA156NRUG
Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Georgia
CSHRCPGEA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for France
CSHMCPFRA156NRUG
Share of Government Consumption at Current Purchasing Power Parities for Hungary
CSHGCPHUA156NRUG
Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Namibia (CSHCCPNAA156NRUG), retrieved from FRED.