Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bhutan
KCPPPGBTA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.65
Year-over-Year Change
-16.02%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic indicator measures Bhutan's per capita consumption as a share of its purchasing power parity-adjusted GDP. It provides insights into the country's standard of living and consumption patterns.
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 metric tracks the proportion of Bhutan's total economic output that is allocated towards household consumption. This statistic is a valuable tool for economists and policymakers to assess the country's economic development and consumer behavior.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This indicator is used to analyze Bhutan's economic structure and make international comparisons of living standards.
Key Facts
- Bhutan's consumption share of GDP was 58.7% in 2020.
- The indicator has declined from a high of 65.7% in 1995.
- Bhutan's consumption share is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of Bhutan's total economic output that is allocated towards household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is a key metric for assessing a country's standard of living, consumer behavior, and economic structure.
Q: How is this data collected or calculated?
A: The World Bank calculates this indicator using national accounts data and purchasing power parity conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze Bhutan's economic development and make international comparisons of living standards.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bhutan (KCPPPGBTA156NUPN), retrieved from FRED.