Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mauritius
KCPPPGMUA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.48
Year-over-Year Change
5.99%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the proportion of a country's total economic output that is devoted 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 purchasing power parity (PPP) converted GDP per capita is an important indicator of a country's economic development and standard of living. It provides insights into consumer behavior and the structure of the national economy.
Methodology
The data is calculated by the World Bank using GDP and consumption expenditure figures.
Historical Context
Policymakers and analysts use this metric to assess a country's economic performance and household consumption patterns.
Key Facts
- Mauritius' consumption share of PPP GDP per capita was 74.4% in 2021.
- The trend has remained relatively stable over the past decade.
- Mauritius has a higher consumption share compared to many developed economies.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of a country's total economic output, adjusted for purchasing power differences, that is devoted to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP GDP per capita provides insights into consumer behavior and the structure of a national economy, which is useful for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using GDP and consumption expenditure figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's economic performance and household consumption patterns, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in availability.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mauritius (KCPPPGMUA156NUPN), retrieved from FRED.