Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United Arab Emirates
KCPPPGAEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.51
Year-over-Year Change
13.07%
Date Range
1/1/1986 - 1/1/2010
Summary
This economic indicator measures the proportion of a country's total economic output that is allocated to personal consumption expenditures. It provides insights into the spending patterns and living standards of a population.
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 consumption share of GDP per capita at purchasing power parity (PPP) is a key metric used by economists to analyze a country's economic development and living standards. It reflects the percentage of a nation's economic output that is dedicated to household consumption rather than investment, government spending, or net exports.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This indicator is widely used by policymakers, analysts, and international organizations to assess economic progress and shape policies that promote sustainable consumption and living standards.
Key Facts
- The consumption share in the United Arab Emirates was 42.8% in 2021.
- This metric has declined from a high of 53.7% in 2009 as the UAE economy has diversified.
- Consumption share is a useful indicator of a country's level of economic development.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of a country's total economic output, as measured by GDP per capita at purchasing power parity, that is allocated to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita is a key metric used by economists to analyze a country's economic development and living standards. It provides insights into spending patterns and the balance between consumption, investment, and government activity.
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 indicator to assess economic progress and shape policies that promote sustainable consumption and living standards.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be available immediately. There may also be limitations in data collection or comparability across countries.
Related Trends
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Argentina
KCPPPGARA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Iran
KIPPPGIRA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Lebanon
KIPPPGLBA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Republic of Congo
KGPPPGCGA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Canada
KGPPPGCAA156NUPN
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mozambique
KGPPPGMZA156NUPN
Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United Arab Emirates (KCPPPGAEA156NUPN), retrieved from FRED.