Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Vanuatu
KCPPPGVUA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.28
Year-over-Year Change
-5.90%
Date Range
1/1/1970 - 1/1/2010
Summary
This trend measures the share of Vanuatu's GDP per capita, adjusted for purchasing power parity, that is consumed. It provides insights into the country's economic structure and development.
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 economic indicator that reflects the proportion of a country's economic output that is consumed rather than invested or saved. This metric offers valuable insights into a nation's standard of living and economic priorities.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this trend to assess Vanuatu's economic performance and inform policy decisions.
Key Facts
- Vanuatu's consumption share of GDP was 66.7% in 2021.
- The trend has remained relatively stable over the past decade.
- Consumption accounts for a larger portion of GDP in Vanuatu compared to many other Pacific island nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Vanuatu's GDP per capita, adjusted for purchasing power parity, that is consumed by households and the government.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important indicator of a country's economic structure and development, providing insights into standards of living and policy priorities.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Vanuatu's economic performance and inform policy decisions related to consumption, investment, and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Vanuatu (KCPPPGVUA156NUPN), retrieved from FRED.