Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Egypt
KCPPPGEGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.57
Year-over-Year Change
-8.76%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the proportion of a country's GDP that is devoted to personal consumption, adjusted for purchasing power parity. It provides insights into the relative standard of living and consumption patterns within an economy.
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 is a key indicator used by economists and policymakers to assess a country's economic development and the well-being of its population. It reflects the balance between consumption, investment, and government spending within a national economy.
Methodology
The data is calculated by the World Bank using national accounts and purchasing power parity conversion factors.
Historical Context
This trend is widely used to compare living standards and consumption habits across countries and over time.
Key Facts
- Egypt's consumption share of GDP per capita was 82.3% in 2021.
- This trend has declined from a high of 89.1% in 2000.
- Consumption accounts for a larger share of GDP in Egypt compared to other emerging economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of a country's GDP that is devoted to personal consumption, after adjusting for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of GDP per capita is a key indicator of a country's standard of living and the balance between consumption, investment, and government spending within its economy.
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 economists use this trend to compare living standards and consumption patterns across countries and over time, informing decisions about economic development and social welfare policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Egypt (KCPPPGEGA156NUPN), retrieved from FRED.