Share of Household Consumption at Current Purchasing Power Parities for Poland
CSHCCPPLA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
-5.50%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the share of household consumption in Poland's gross domestic product, adjusted for purchasing power parity. It provides insights into the structure and strength of Poland's domestic economy.
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 is an important indicator of a country's economic development and living standards. It represents the proportion of national output that is dedicated to private consumption rather than investment or government spending.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
This metric is closely watched by policymakers and analysts to gauge Poland's economic performance and consumer demand.
Key Facts
- Poland's household consumption share was 58.3% in 2021.
- The metric has remained relatively stable over the past decade.
- Household consumption is a key driver of Poland's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Poland's gross domestic product that is dedicated to household consumption, adjusted for differences in purchasing power between countries.
Q: Why is this trend relevant for users or analysts?
A: The share of household consumption is an important indicator of a country's economic development and living standards, as it reflects the strength of domestic demand and consumer purchasing power.
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 closely monitor this metric to gauge Poland's economic performance and consumer demand, which informs policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Poland (CSHCCPPLA156NRUG), retrieved from FRED.