Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Antigua and Barbuda
KCPPPGAGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.19
Year-over-Year Change
-28.19%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the consumption share of Antigua and Barbuda's GDP per capita, adjusted for purchasing power parity. It provides insight into the spending habits and living standards of the country's 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 purchasing power parity converted GDP per capita is an indicator of how much of a country's economic output is devoted to personal consumption expenditures. It offers a standardized view of consumption levels across nations.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
This metric is useful for evaluating economic development and consumer trends in Antigua and Barbuda.
Key Facts
- Antigua and Barbuda's consumption share was 78.1% in 2021.
- This metric has remained relatively stable over the past decade.
- Consumption accounts for a larger portion of GDP in Antigua and Barbuda compared to other Caribbean nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Antigua and Barbuda's GDP per capita, adjusted for purchasing power parity, that is devoted to personal consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of purchasing power parity GDP per capita provides insight into the living standards and spending patterns of Antigua and Barbuda's population, which is useful for evaluating economic development and consumer trends.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the state of consumer spending and living standards in Antigua and Barbuda, which can inform economic policies and development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the World Bank, and there may be delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Antigua and Barbuda (KCPPPGAGA156NUPN), retrieved from FRED.