Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Brazil
KCPPPGBRA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.90
Year-over-Year Change
3.28%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the proportion of Brazil's GDP per capita, adjusted for purchasing power parity, that is devoted to personal consumption expenditures. It provides insights into the spending patterns and economic well-being of Brazilian households.
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 purchasing power parity converted GDP per capita is an important indicator for understanding the composition and allocation of economic resources within a country. It helps economists and policymakers assess the relative emphasis on consumption versus other components of GDP, such as investment and government spending.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
This metric is widely used to benchmark Brazil's economic development and consumer demand relative to other countries.
Key Facts
- Brazil's consumption share of GDP was 64.4% in 2021.
- This metric has remained relatively stable over the past decade.
- Consumption share is higher in developed economies compared to developing countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Brazil's GDP per capita, adjusted for purchasing power parity, that is devoted to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important indicator for understanding the composition and allocation of economic resources within a country, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey data and national accounts information.
Q: How is this trend used in economic policy?
A: This metric is widely used to benchmark Brazil's economic development and consumer demand relative to other countries, which is relevant for policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Brazil (KCPPPGBRA156NUPN), retrieved from FRED.