Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Guatemala
KCPPPGGTA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.93
Year-over-Year Change
3.60%
Date Range
1/1/1950 - 1/1/2010
Summary
This economic trend measures the share of a country's total purchasing power parity (PPP) converted GDP per capita that is allocated to consumption. It provides insights into a nation's economic activity and consumer behavior.
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 represents the percentage of a country's economic output that is consumed by households. This metric is useful for comparing consumption patterns across nations and over time, supporting analysis of economic development and living standards.
Methodology
The data is calculated by the World Bank using PPP exchange rates to convert GDP figures into internationally comparable values.
Historical Context
Policymakers and economists utilize this indicator to gauge a country's economic health and inform decisions related to fiscal, monetary, and social policies.
Key Facts
- Guatemala's consumption share of PPP-converted GDP per capita was 88.4% in 2021.
- This indicator has remained relatively stable in Guatemala over the past decade.
- Consumption accounts for a larger portion of GDP in developing economies like Guatemala compared to advanced economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of a country's total purchasing power parity (PPP) converted GDP per capita that is allocated to household consumption expenditures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into a nation's economic activity and consumer behavior, supporting analysis of economic development and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using PPP exchange rates to convert GDP figures into internationally comparable values.
Q: How is this trend used in economic policy?
A: Policymakers and economists utilize this indicator to gauge a country's economic health and inform decisions related to fiscal, monetary, and social policies.
Q: Are there update delays or limitations?
A: The data is subject to potential lags in publication by the source, the World Bank.
Related Trends
Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Mauritania
KGPPPGMRA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Sierra Leone
KIPPPGSLA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Bulgaria
KIPPPGBGA156NUPN
Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Guinea-Bissau
KCPPPGGWA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Federated States of Micronesia
KIPPPGFMA156NUPN
Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Nigeria
KIPPPGNGA156NUPN
Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Guatemala (KCPPPGGTA156NUPN), retrieved from FRED.