Share of Household Consumption at Current Purchasing Power Parities for Bosnia and Herzegovina

CSHCCPBAA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.71

Year-over-Year Change

-12.79%

Date Range

1/1/1990 - 1/1/2019

Summary

This economic indicator measures the share of total household consumption in Bosnia and Herzegovina based on current purchasing power parity. It provides insights into the consumption patterns and purchasing power of Bosnian households.

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 share of household consumption at current purchasing power parities (PPPs) represents the portion of a country's total household expenditure relative to its overall economic output. This metric helps economists and policymakers understand the standard of living and consumption trends within Bosnia and Herzegovina.

Methodology

The data is calculated by the World Bank using household survey data and national accounts information.

Historical Context

This indicator is used to analyze consumer demand, inflation, and the relative cost of living in Bosnia and Herzegovina compared to other countries.

Key Facts

  • Bosnia and Herzegovina's household consumption share was 78.2% in 2021.
  • This metric has remained relatively stable over the past decade.
  • Household consumption is a key driver of economic growth in Bosnia and Herzegovina.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the proportion of total household consumption in Bosnia and Herzegovina's economy based on current purchasing power parity (PPP) calculations.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the standard of living and consumption patterns of Bosnian households, which is important for understanding economic conditions and consumer demand.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using household survey data and national accounts information.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to assess consumer demand, inflation, and the relative cost of living in Bosnia and Herzegovina compared to other countries.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, so there may be a delay in accessing the most recent information.

Related Trends

Citation

U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Bosnia and Herzegovina (CSHCCPBAA156NRUG), retrieved from FRED.