Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for St. Kitts and Nevis
KCPPPGKNA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.67
Year-over-Year Change
-2.01%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the consumption share of purchasing power parity (PPP) converted GDP per capita at constant prices for St. Kitts and Nevis. It provides insights into the spending patterns and living standards of the country'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 PPP-converted GDP per capita is an important indicator for evaluating the economic well-being and consumption habits of a nation. It helps policymakers and analysts understand the composition of economic output and how it is distributed among households.
Methodology
The data is calculated by the World Bank using household consumption expenditure and GDP data.
Historical Context
This trend is useful for comparing living standards and consumption patterns across countries and over time.
Key Facts
- St. Kitts and Nevis is a small island country in the Caribbean.
- Consumption accounts for a significant portion of the country's economic output.
- The trend has remained relatively stable over the past decade.
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 consumed by households in St. Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the living standards and consumption patterns of the population, which is useful for policymakers and economists studying the country's economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household consumption expenditure and GDP data for St. Kitts and Nevis.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers about the state of the economy and help guide decisions related to fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing 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 St. Kitts and Nevis (KCPPPGKNA156NUPN), retrieved from FRED.