Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Central African Republic
KCPPPGCFA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.20
Year-over-Year Change
2.49%
Date Range
1/1/1960 - 1/1/2010
Summary
This economic trend measures the consumption share of purchasing power parity (PPP) converted GDP per capita in the Central African Republic. It provides insights into the consumption patterns and living standards within 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 consumption share of PPP-converted GDP per capita represents the portion of economic output that is dedicated to household consumption. This metric is useful for cross-country comparisons and understanding the distribution of economic resources.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
Policymakers and economists analyze this trend to gauge the standard of living and consumer demand within the Central African Republic.
Key Facts
- The consumption share has remained around 80% of GDP in the Central African Republic.
- Consumption accounts for a larger portion of GDP in the Central African Republic compared to many other African countries.
- The trend provides insights into the standard of living and consumer demand within the Central African Republic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of purchasing power parity (PPP) converted GDP per capita that is dedicated to household consumption in the Central African Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the standard of living and consumer demand within the Central African Republic, which is useful for policymakers and economists analyzing the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and PPP conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand the distribution of economic resources and gauge consumer demand within the Central African Republic, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there may be delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Central African Republic (KCPPPGCFA156NUPN), retrieved from FRED.