Share of Household Consumption at Current Purchasing Power Parities for Cameroon
CSHCCPCMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
-0.86%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Cameroon measures the proportion of total domestic consumption accounted for by household spending. This metric is important for economists and policymakers to understand patterns of consumer demand and the drivers of economic growth.
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 share of total domestic consumption in Cameroon that is attributable to household spending, adjusted for differences in purchasing power across countries. It provides insight into the structure and composition of the Cameroonian economy.
Methodology
The data is calculated by the World Bank using household survey and national accounts data.
Historical Context
Policymakers and analysts use this metric to assess the health of the Cameroonian consumer sector and make informed decisions about fiscal, monetary, and regulatory policies.
Key Facts
- Cameroon's household consumption share was 58.8% in 2020.
- The metric has remained relatively stable over the past decade.
- Household spending accounts for a larger portion of GDP in Cameroon compared to many other African nations.
FAQs
Q: What does this economic trend measure?
A: This metric measures the proportion of total domestic consumption in Cameroon that is attributable to household spending, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the structure and composition of the Cameroonian economy, allowing policymakers and analysts to assess the health of the consumer sector and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Cameroonian consumer sector and make informed decisions about fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of household survey and national accounts information in Cameroon.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Cameroon (CSHCCPCMA156NRUG), retrieved from FRED.