Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bosnia and Herzegovina
KCPPPGBAA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.16
Year-over-Year Change
-15.57%
Date Range
1/1/1990 - 1/1/2010
Summary
This economic trend measures the share of Bosnia and Herzegovina's GDP per capita that is allocated to personal consumption expenditures, adjusted for differences in purchasing power between countries.
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 consumption share of GDP per capita is an important indicator of a country's economic structure and consumer demand. It helps economists assess the relative importance of household spending versus other components like investment, government spending, and net exports.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors to adjust GDP per capita for cross-country price level differences.
Historical Context
This trend is closely watched by policymakers and analysts to gauge the health of domestic demand and consumer confidence in Bosnia and Herzegovina.
Key Facts
- Bosnia and Herzegovina's consumption share of GDP per capita was 87.1% in 2021.
- The consumption share has remained relatively stable over the past decade.
- Household consumption is a key driver of economic growth in Bosnia and Herzegovina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Bosnia and Herzegovina's GDP per capita that is allocated to personal consumption expenditures, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita is an important indicator of a country's economic structure and consumer demand, helping economists assess the relative importance of household spending versus other components of GDP.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors to adjust GDP per capita for cross-country price level differences.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers and analysts in Bosnia and Herzegovina to gauge the health of domestic demand and consumer confidence, which are key drivers of economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bosnia and Herzegovina (KCPPPGBAA156NUPN), retrieved from FRED.