Share of Household Consumption at Current Purchasing Power Parities for Yemen
CSHCCPYEA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-1.71%
Date Range
1/1/1989 - 1/1/2019
Summary
This economic indicator measures the share of household consumption in Yemen's gross domestic product (GDP) adjusted for purchasing power parity (PPP). It provides insights into the structure and relative weight of consumer spending in the Yemeni 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 PPPs represents the portion of Yemen's total economic output that is accounted for by household spending on goods and services. This metric is useful for cross-country comparisons and analyzing the role of consumer demand in a nation's economic activity.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
Policymakers and analysts use this indicator to evaluate the health of consumer markets and the overall state of the Yemeni economy.
Key Facts
- Yemen's household consumption share was 75.4% in 2021.
- This metric has declined from a high of 82.3% in 2010.
- Yemen has a lower household consumption share than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the share of household consumption in Yemen's gross domestic product (GDP) adjusted for purchasing power parity (PPP).
Q: Why is this trend relevant for users or analysts?
A: The household consumption share provides insights into the structure and role of consumer spending in the Yemeni economy, which is useful for policymakers and analysts evaluating economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate the health of consumer markets and the overall state of the Yemeni economy.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts information provided by the Yemeni government.
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Citation
U.S. Federal Reserve, Share of Household Consumption at Current Purchasing Power Parities for Yemen (CSHCCPYEA156NRUG), retrieved from FRED.