Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Switzerland
KCPPPGCHA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.14
Year-over-Year Change
-0.34%
Date Range
1/1/1950 - 1/1/2010
Summary
This metric tracks Switzerland's consumption as a share of its GDP on a purchasing power parity (PPP) basis, adjusted for inflation. It provides insights into the country's economic structure and consumer spending 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 PPP-converted GDP per capita is a key indicator of a country's economic development and living standards. It reveals the portion of national output dedicated to household consumption, which is a major driver of economic growth.
Methodology
The data is calculated by the World Bank using national accounts and PPP conversion factors.
Historical Context
This trend is widely used by economists, policymakers, and investors to assess Switzerland's economic performance and consumer demand.
Key Facts
- Switzerland's consumption share of PPP-converted GDP per capita was 57.7% in 2021.
- The trend has remained relatively stable over the past decade.
- Consumption's share of GDP is an important indicator of a country's economic structure and living standards.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the proportion of Switzerland's GDP that is dedicated to household consumption on a purchasing power parity (PPP) basis, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-converted GDP per capita provides insights into Switzerland's economic structure and consumer spending patterns, which are key drivers of economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess Switzerland's economic performance, consumer demand, and living standards, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a delay of up to a year in 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 Switzerland (KCPPPGCHA156NUPN), retrieved from FRED.