Share of Household Consumption at Current Purchasing Power Parities for Qatar
CSHCCPQAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
60.71%
Date Range
1/1/1970 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Qatar measures the relative importance of household consumption in the country's economy. This metric is crucial for economists and policymakers to understand patterns of domestic demand and consumer behavior.
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 tracks the proportion of Qatar's gross domestic product (GDP) that is accounted for by household consumption expenditures. It provides insights into the spending patterns and living standards of Qatari consumers, which is a key factor in assessing the health and dynamics of the nation's economy.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates to adjust for differences in price levels across countries.
Historical Context
Policymakers and market analysts closely monitor this indicator to gauge domestic demand conditions and inform economic policy decisions.
Key Facts
- Qatar's household consumption accounts for around 35% of its GDP.
- The share of household consumption has remained relatively stable over the past decade.
- Household consumption is a significant driver of Qatar's economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Qatar's gross domestic product (GDP) that is accounted for by household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the spending patterns and living standards of Qatari consumers, which is a key factor in assessing the health and dynamics of the nation's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) exchange rates to adjust for differences in price levels across countries.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this indicator to gauge domestic demand conditions and inform economic policy decisions in Qatar.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Qatar (CSHCCPQAA156NRUG), retrieved from FRED.