Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bahrain
KCPPPGBHA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.41
Year-over-Year Change
-12.20%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the share of Bahrain's GDP per capita that is allocated to personal consumption, adjusted for differences in purchasing power across 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 provides insights into the relative importance of consumption versus investment, government spending, and net exports in driving economic growth.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors to adjust GDP per capita for price level differences across countries.
Historical Context
This indicator is widely used by economists and policymakers to analyze consumer behavior and inform fiscal and monetary policies.
Key Facts
- Bahrain's consumption share of GDP per capita was 50.6% in 2021.
- Consumption accounts for over half of Bahrain's economic output.
- The consumption share has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Bahrain's GDP per capita that is allocated to personal consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita provides insights into a country's economic structure and consumer demand, which is important for understanding drivers of economic growth and informing fiscal and monetary policies.
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 price level differences across countries.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to analyze consumer behavior and inform fiscal and monetary policies that aim to promote sustainable economic growth.
Q: Are there update delays or limitations?
A: This data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent observations.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bahrain (KCPPPGBHA156NUPN), retrieved from FRED.