Share of Household Consumption at Current Purchasing Power Parities for Nepal
CSHCCPNPA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
-8.74%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Share of Household Consumption at Current Purchasing Power Parities for Nepal' measures the portion of total consumption within Nepal that is attributed to household spending. This metric is crucial for understanding patterns of economic activity and consumer behavior.
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 economic indicator represents the percentage of Nepal's total consumption expenditure that is accounted for by household consumption. Analyzing trends in this metric provides insights into the structure and dynamics of the Nepalese economy.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
Policymakers and analysts use this indicator to assess the role of consumer demand in Nepal's economic growth and development.
Key Facts
- Nepal's household consumption accounts for over 80% of total consumption.
- Household consumption has grown steadily in Nepal over the past decade.
- The share of household consumption is a key indicator of living standards in Nepal.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the portion of total consumption within Nepal that is attributed to household spending.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in the share of household consumption provides insights into consumer behavior and the structure of the Nepalese economy.
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 the role of consumer demand in Nepal's economic growth and development.
Q: Are there update delays or limitations?
A: The data is published annually with a potential delay of up to 2 years.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Nepal (CSHCCPNPA156NRUG), retrieved from FRED.