Share of Household Consumption at Current Purchasing Power Parities for Swaziland
CSHCCPSZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
-11.21%
Date Range
1/1/1970 - 1/1/2019
Summary
The share of household consumption at current purchasing power parities for Swaziland measures the proportion of a country's total output that is consumed by households. This statistic is important 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 metric represents the percentage of Swaziland's gross domestic product that is accounted for by household consumption, adjusted for differences in purchasing power across countries. It provides insight into the structure and dynamics of the Swazi economy and consumer spending habits.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and market analysts use this indicator to assess the health of the Swazi economy and the role of domestic consumption.
Key Facts
- Swaziland's household consumption share averaged 65% from 2010-2020.
- Household consumption is a major driver of Swaziland's economic growth.
- The data is reported annually by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Swaziland's gross domestic product that is accounted for by household consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the structure and dynamics of the Swazi economy, including the role of domestic demand and consumer spending patterns, which is important for economic analysis and policymaking.
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 market analysts use this indicator to assess the health of the Swazi economy and the role of domestic consumption, which can inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be a delay of up to a year before the most recent figures are available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Swaziland (CSHCCPSZA156NRUG), retrieved from FRED.