National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Brazil
NAEXKP02BRQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
220,367,203,500.00
Year-over-Year Change
12.04%
Date Range
1/1/1996 - 7/1/2023
Summary
This trend measures private final consumption expenditure in Brazil, adjusted for inflation. It is a key indicator of consumer demand and a major component of Brazil's gross domestic product (GDP).
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
Private final consumption expenditure represents household spending on goods and services. Analyzing trends in this measure provides insights into the strength of domestic consumer markets and consumer confidence in Brazil's economy.
Methodology
The data is collected by Brazil's national statistical agency and calculated according to international standards for national accounts.
Historical Context
Policymakers and analysts use this indicator to assess the health of Brazil's consumer economy and make informed decisions about fiscal and monetary policies.
Key Facts
- Brazil's private consumption accounts for over 60% of its GDP.
- This indicator is published quarterly with a 3-month lag.
- Consumption spending has a major influence on Brazil's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services purchased by Brazilian households, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Private consumption is a crucial component of GDP and a key indicator of domestic demand and consumer confidence in Brazil's economy.
Q: How is this data collected or calculated?
A: The data is collected by Brazil's national statistical agency and calculated according to international standards for national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of Brazil's consumer economy and inform decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: This indicator is published quarterly with a 3-month lag, which can limit its usefulness for real-time analysis.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Brazil (NAEXKP02BRQ189S), retrieved from FRED.