Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Burundi
KCPPPGBIA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.75
Year-over-Year Change
-6.74%
Date Range
1/1/1960 - 1/1/2010
Summary
This trend measures the proportion of Burundi's GDP per capita, adjusted for purchasing power parity, that is devoted to consumption. It provides insights into the spending patterns and economic well-being of Burundi'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 GDP per capita, adjusted for purchasing power parity, represents the fraction of a country's economic output that is consumed by households. This metric is used by economists to analyze consumer behavior and the standard of living within a country.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is relevant for policymakers and analysts assessing Burundi's economic development and the potential for future growth.
Key Facts
- Burundi's consumption share of GDP per capita was 90.7% in 2020.
- This metric has remained relatively stable over the past decade.
- High consumption share can indicate a lack of investment in economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of Burundi's GDP per capita, adjusted for purchasing power parity, that is devoted to household consumption.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita is an important indicator of a country's economic development and the standard of living of its population.
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 trend to assess Burundi's economic development and the potential for future growth.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delay in the most recent year's availability.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Burundi (KCPPPGBIA156NUPN), retrieved from FRED.