Share of Household Consumption at Current Purchasing Power Parities for Comoros
CSHCCPKMA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
2.68%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the share of household consumption in Comoros at current purchasing power parities, providing insights into the country's consumption patterns and economic structure.
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 for Comoros represents the proportion of total consumption expenditure by households within the country, adjusted for differences in purchasing power across economies. This metric is useful for cross-country comparisons of consumption behavior and living standards.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
This indicator is valuable for policymakers and analysts studying the Comorian economy and consumer trends.
Key Facts
- Comoros is a small island country in the Indian Ocean.
- Household consumption accounts for a significant portion of Comoros' GDP.
- Purchasing power parity adjusts for cost-of-living differences across countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total consumption expenditure by households in Comoros, adjusted for differences in purchasing power across economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the consumption patterns and living standards of Comorian households, which is valuable for policymakers and economists studying the country's economic structure and development.
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 understand consumer behavior and living standards in Comoros, which can inform economic and social policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there may be limitations in data availability or coverage for certain years or regions.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Comoros (CSHCCPKMA156NRUG), retrieved from FRED.