Total Credit to Non-Financial Sector, Adjusted for Breaks, for Czech Republic
Percentage of GDP
QCZCAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.90
Year-over-Year Change
-1.01%
Date Range
10/1/1998 - 10/1/2024
Summary
The 'Percentage of GDP' trend measures the ratio of consumption expenditures to gross domestic product (GDP) in China. This key economic indicator provides insights into the spending patterns and composition of the Chinese economy.
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 'Percentage of GDP' metric tracks household and government consumption as a proportion of China's total economic output. It is used by economists and policymakers to assess the relative balance between consumption and investment in the Chinese economy.
Methodology
This data is calculated by the National Bureau of Statistics of China based on official GDP and consumption expenditure statistics.
Historical Context
The 'Percentage of GDP' trend offers important context for analyzing China's economic growth and development strategies.
Key Facts
- China's consumption expenditure was 54.3% of GDP in 2021.
- The 'Percentage of GDP' reached a high of 55.9% in 2015.
- Consumption's share of GDP has fluctuated between 50-55% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of GDP' metric tracks the ratio of consumption expenditures to China's total gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insights into the relative balance between consumption and investment in the Chinese economy, which is important for understanding the country's growth patterns and development strategies.
Q: How is this data collected or calculated?
A: The data is calculated by China's National Bureau of Statistics based on official GDP and consumption expenditure statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the 'Percentage of GDP' trend to assess China's economic structure and guide decisions around stimulating domestic consumption versus investment.
Q: Are there update delays or limitations?
A: The data is updated periodically by the National Bureau of Statistics, with a potential delay of several months. There may also be revisions to historical figures over time.
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Citation
U.S. Federal Reserve, Percentage of GDP (QCZCAM770A), retrieved from FRED.