Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Croatia
KCPPPGHRA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.93
Year-over-Year Change
-6.14%
Date Range
1/1/1990 - 1/1/2010
Summary
This trend measures the share of Croatia's gross domestic product (GDP) per capita that is devoted to personal consumption, adjusted for differences in purchasing power across countries.
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 (PPP) converted GDP per capita provides insight into the allocation of economic resources in Croatia. It is a key indicator used by economists and policymakers to understand consumer behavior and the relationship between production and consumption.
Methodology
The data is calculated by the World Bank using household survey data and national accounts information.
Historical Context
This metric is closely watched by analysts to gauge the health of Croatia's domestic demand and consumer-driven economic growth.
Key Facts
- Croatia's consumption share of PPP-adjusted GDP per capita was 58.8% in 2021.
- This metric has declined from a high of 64.3% in 2008 as the economy has shifted toward investment and exports.
- Household consumption accounts for over half of Croatia's total economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of Croatia's gross domestic product (GDP) per capita that is devoted to personal consumption, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: The consumption share of PPP-converted GDP per capita provides insight into the allocation of economic resources in Croatia and is a key indicator used by economists and policymakers to understand consumer behavior and the relationship between production and consumption.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using household survey data and national accounts information.
Q: How is this trend used in economic policy?
A: This metric is closely watched by analysts to gauge the health of Croatia's domestic demand and consumer-driven economic growth, which is relevant for policymakers and market participants.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions in Croatia.
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Citation
U.S. Federal Reserve, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Croatia (KCPPPGHRA156NUPN), retrieved from FRED.