Share of Household Consumption at Current Purchasing Power Parities for Brunei Darussalam
CSHCCPBNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
64.43%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the share of total household consumption expenditures in Brunei Darussalam, adjusted for differences in purchasing power between countries. It provides insights into the relative consumption patterns and living standards in the country.
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 total final consumption expenditures by resident households in Brunei Darussalam. PPP adjustment accounts for variations in price levels across countries, enabling cross-country comparisons of real consumption.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
This metric is used by policymakers and economists to analyze household consumption trends and make international comparisons.
Key Facts
- Brunei Darussalam's household consumption share was 26.7% in 2021.
- The country's consumption share has declined from over 30% in the early 2000s.
- Brunei has one of the lowest household consumption shares among Southeast Asian nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total household consumption expenditures in Brunei Darussalam, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the relative consumption patterns and living standards in Brunei Darussalam, enabling cross-country comparisons.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and economists to analyze household consumption trends and make international comparisons.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and price information from Brunei Darussalam.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Brunei Darussalam (CSHCCPBNA156NRUG), retrieved from FRED.