Share of Household Consumption at Current Purchasing Power Parities for Malaysia
CSHCCPMYA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
44.73%
Date Range
1/1/1955 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Malaysia' measures the portion of Malaysia's total economic output that is attributable to household consumption. This statistic is important for economists and policymakers to understand patterns of domestic demand.
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 GDP in Malaysia that is accounted for by household final consumption expenditure. It is a key indicator of the structure and dynamics of the Malaysian economy, providing insights into consumer behavior and the drivers of economic growth.
Methodology
The data is calculated by the World Bank using purchasing power parity exchange rates to adjust for price level differences across countries.
Historical Context
Policymakers and analysts use this metric to assess the health of the Malaysian consumer sector and its role in the broader economy.
Key Facts
- Malaysia's household consumption accounts for over 50% of its GDP.
- Household spending has grown steadily in Malaysia over the past decade.
- The share of consumption is higher in Malaysia than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of Malaysia's total economic output that is attributable to household final consumption expenditure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the structure and dynamics of the Malaysian economy, signaling the relative importance of domestic consumer demand as a driver of growth.
Q: How is this data collected or calculated?
A: The World Bank calculates this series using purchasing power parity exchange rates to adjust for price level differences across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Malaysian consumer sector and its role in the broader economy, informing decisions around fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture short-term fluctuations in household consumption patterns.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Malaysia (CSHCCPMYA156NRUG), retrieved from FRED.