Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Zimbabwe
KCPPPGZWA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.93
Year-over-Year Change
28.08%
Date Range
1/1/1954 - 1/1/2010
Summary
The Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Zimbabwe measures the proportion of a country's economic output that is devoted to household consumption expenditures. This metric is important for economists and policymakers to understand patterns of domestic demand and household purchasing power.
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
This series represents the percentage of Zimbabwe's Gross Domestic Product (GDP) that is allocated to private consumption. It is a key indicator of economic welfare and can provide insights into a country's standard of living and consumption habits.
Methodology
The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors and constant local currency units.
Historical Context
Policymakers use this trend to assess the health of the domestic economy and guide fiscal and monetary policies.
Key Facts
- Zimbabwe's consumption share was 79.4% in 2020.
- Consumption share has remained relatively stable over the past decade.
- High consumption share can indicate an economy reliant on domestic demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Zimbabwe's total economic output that is devoted to household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is an important indicator of domestic demand and economic welfare, which is relevant for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using purchasing power parity (PPP) conversion factors and constant local currency units.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the health of the domestic economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions by the World Bank.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Zimbabwe (KCPPPGZWA156NUPN), retrieved from FRED.