Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Djibouti
KCPPPGDJA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.46
Year-over-Year Change
16.57%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the share of Djibouti's GDP per capita, adjusted for purchasing power parity, that is allocated to personal consumption expenditures. It provides insights into the spending habits and living standards of Djibouti's population.
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, adjusted for purchasing power parity, represents the proportion of a country's economic output that is consumed by households. This metric is useful for comparing living standards and consumer behavior across countries.
Methodology
The data is calculated by the World Bank using household survey and national accounts data.
Historical Context
This trend is valuable for policymakers and analysts studying Djibouti's economic development and consumer market.
Key Facts
- Djibouti's consumption share of GDP per capita was 78.1% in 2021.
- The trend has remained relatively stable over the past decade.
- Consumption accounts for a larger share of GDP in Djibouti compared to many other African nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Djibouti's GDP per capita, adjusted for purchasing power parity, that is allocated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the spending habits and living standards of Djibouti's population, which is valuable for policymakers and analysts studying the country's economic development and consumer market.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey and national accounts data.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to understand consumer behavior and living standards in Djibouti, which can inform economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is typically updated annually by the World Bank, so there may be a delay of up to a year in the most recent information.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Djibouti (KCPPPGDJA156NUPN), retrieved from FRED.