Share of Household Consumption at Current Purchasing Power Parities for Uzbekistan
CSHCCPUZA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.35
Year-over-Year Change
-7.51%
Date Range
1/1/1990 - 1/1/2019
Summary
This economic trend measures the share of household consumption in Uzbekistan's total economy, adjusted for purchasing power parity. It provides insights into the standard of living and consumer demand in the country.
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
The share of household consumption at purchasing power parities is a key indicator of economic development and living standards. It represents the portion of a country's total economic output that is devoted to private consumption by households.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
This trend is widely used by economists, policymakers, and international institutions to assess the health and trajectory of consumer-driven economic activity.
Key Facts
- Uzbekistan's household consumption share was 54.6% in 2020.
- This indicator has trended upward over the past decade.
- Consumer spending plays a significant role in Uzbekistan's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total economic output in Uzbekistan that is devoted to household consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The household consumption share is a key indicator of living standards and consumer demand, which are crucial for understanding a country's economic development and growth trajectory.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using household survey data and national accounts information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the strength of consumer-driven economic activity and make informed decisions about fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Uzbekistan (CSHCCPUZA156NRUG), retrieved from FRED.