Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for China
KCPPPGCNA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.26
Year-over-Year Change
-17.51%
Date Range
1/1/1952 - 1/1/2010
Summary
This trend measures the share of total GDP in China that is attributed to personal consumption, adjusted for purchasing power parity. It provides insights into the composition and drivers of economic growth.
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 is a key indicator of an economy's development stage and structure. It reflects the balance between consumption, investment, and exports, which are fundamental components of national output.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This metric is widely used by economists and policymakers to analyze China's economic transformation and rebalancing efforts.
Key Facts
- China's consumption share of GDP was 54.3% in 2021.
- The consumption share has declined from over 60% in the 1980s as investment and exports grew.
- Increasing the consumption share is a key policy goal to rebalance China's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of China's total GDP that is attributed to personal consumption, adjusted for purchasing power parity.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP is a crucial indicator of an economy's development stage and structure, providing insights into China's economic transformation.
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: This metric is widely used by economists and policymakers to analyze China's economic rebalancing efforts, as increasing the consumption share is a key policy goal.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for China (KCPPPGCNA156NUPN), retrieved from FRED.