Share of Household Consumption at Current Purchasing Power Parities for Chad
CSHCCPTDA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
8.87%
Date Range
1/1/1960 - 1/1/2019
Summary
The Share of Household Consumption at Current Purchasing Power Parities for Chad measures the percentage of total GDP that household consumption accounts for in the Chadian economy. This is a key indicator of the strength and composition 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 Chad that is attributed to household consumption, adjusted for differences in purchasing power across countries. It provides insight into the reliance of the Chadian economy on consumer spending versus other economic drivers like exports or government expenditure.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
Policymakers and analysts use this metric to assess the health and structure of the Chadian economy.
Key Facts
- Household consumption accounts for over 80% of Chad's GDP.
- Chad's household consumption share is higher than the Sub-Saharan Africa average.
- This metric has remained relatively stable in Chad over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Chad's total GDP that is attributed to household consumption expenditures, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The household consumption share is a key indicator of the structure and health of the Chadian economy, providing insight into the reliance on domestic consumer demand versus other economic drivers.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the composition of economic activity and the role of household consumption in the Chadian economy.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the World Bank collects and publishes this series on an annual basis.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Chad (CSHCCPTDA156NRUG), retrieved from FRED.